Board of Trustees Meeting
February 15, 2012
1200 West Algonquin Road
Palatine, Illinois
Regular Board Meeting Agenda
February 15, 2012
- 6:00 p.m. - Room W214
I.
II.
III.
IV.
V.
VI.
VII.
Call to Order
Roll Call
Approval of Agenda
Presentations – FY 2011 Facilities Measurement, Benchmarking, and Analysis Report
Student Trustee Report
Faculty Senate President's Report
President’s Report
• Student Success Report – Noel-Levitz Student Satisfaction Survey
• Legislative Report
• Correspondence
VIII. Harper College Employee Comments
IX. Public Comments
X. Consent Agenda* (Roll Call Vote)
A. For Approval
1. Minutes – January 11, 2012 Committee of the Whole Meeting
and January 18, 2012 Regular Board Meeting
2. Bills Payable; Payroll for December 30, 2011 and January 13,
2012, and Estimated Payroll for January 26, 2012
3. Bid Awards
a. Construction Contract for a Pesticide Containment Area
4. Requests for Proposal
5. Purchase Orders
a. NexPress Color Imaging Device Parts and Supplies
6. Personnel Action Sheets
7. Student Service Awards – Fall Term
8. 2012-2013 Proposed Credit Course Fee Changes
9. Approval of MOU for Faculty Teaching Post-Retirement
B. For Information
1. Financial Statements
2. Committee and Liaison Reports
3. Grants and Gifts Status Report
4. Summary of Items Purchased from State Contracts, Consortiums
or Cooperatives
5. Faculty Tenure Status (2nd year, Fall Hires)
Exhibit X-A.1
Exhibit X-A.2
Exhibit X-A.3.a
Exhibit X-A.4
Exhibit X-A.5.a
Exhibit X-A.6
Exhibit X-A.7
Exhibit X-A-8
Exhibit X-A.9
Exhibit X-B.1
Exhibit X-B.2
Exhibit X-B.3
Exhibit X-B.4
Exhibit X-B.5
*At the request of a Board member or the President, an item may be removed from the Consent Agenda for discussion.
Certain recurring recommendations may be included in the Consent Agenda at the discretion of the College President.
XI. New Business
A. RECOMMENDATION: Proposed Tuition Increase
Exhibit XI-A
B. RECOMMENDATION: Sabbatical Leave Approval
Exhibit XI-B
C. RECOMMENDATION: Faculty Tenure Recommendation (3rd year,
Fall Hires)
Exhibit XI-C
D. RECOMMENDATION: Resolution Authorizing Extension of Probation
of Non-Tenured Faculty Member
Exhibit XI-D
E. RECOMMENDATION: Dismissal Resolution, Non-tenured Faculty –
Career Program Faculty
Exhibit XI-E
XII. Announcements by Chair
A. Communications
B. Calendar Dates ( * indicates Board attendance required )
*
*
*
March 14
March 21
April 11
April 18
May 9
May 16
May 20
5:00 p.m.
6:00 p.m.
5:00 p.m.
6:00 p.m.
5:00 p.m.
6:00 p.m.
2:00 p.m.
Committee of the Whole Meeting
Regular Board Meeting
Committee of the Whole Meeting
Regular Board Meeting
Committee of the Whole Meeting
Regular Board Meeting
2012 Commencement Ceremony
XIII. Other Business (including closed session, if necessary)
XIV. Adjournment
2
W216
NEC
W216
W214
W216
W214
Harper
Regular Board Meeting Agenda
February 15, 2012
I.
Call to Order
Pledge of Allegiance
II.
Roll Call
III.
Approval of Agenda
Regular Board Meeting Agenda
February 15, 2012
IV. Presentations
FY 2011 Facilities Measurement,
Benchmarking, and Analysis Report
Tom Crylen, Exec. Dir. Facilities Mgmt and
Tom Huberty, Sightlines, LLC
Regular Board Meeting Agenda
February 15, 2012
V.
Student Trustee Report
VI.
Faculty Senate President's
Report
Regular Board Meeting Agenda
February 15, 2012
VII.
President's Report
1200 West Algonquin Road
Palatine, Illinois 60067
Kenneth L. Ender, Ph.D.
President
847.925.6611
847.925.6034 fax
kender@harpercollege.edu
President’s Report
February 2012
As we approach the middle of February, the College is humming with energy. Spring classes
are well underway. Students, faculty, and staff continue to be fully engaged in activities
supporting the Strategic Plan. Faculty are busy engaging students and assessing their progress
in the classroom. The tempo at the College will continue to pick up as we approach midterm.
The highlight of the spring term is graduation and we are in the midst of planning this special
event. This year we are moving the venue to the middle of the campus in the quad. The platform
party will be covered and seated in front of Building H (formerly Buildings G & H). The space will
seat 3,000 which should comfortably accommodate our guests. We are truly honored that New
York Times columnist David Brooks has accepted our invitation to receive an honorary degree
and deliver our commencement address. It should be a very memorable occasion. We are also
pleased to share the news that Mr. Brooks has accepted our invitation to attend an on-campus
brunch in his honor the morning of graduation. More details and invitations will shared with you
as we get a little closer to the date.
We have received many positive remarks regarding our joint Board of Trustees/Educational
Foundation Board dinner and panel discussion event last week. There was a very nice sense of
rapport across the groups. Mr. Greg Brown, CEO and Chairman of Motorola Solutions, and
Dr. Walter Bumphus, President of the American Association of Community Colleges, did a
splendid job underscoring the importance of our combined efforts. I wish to particularly thank
Maria Coons and Sheila Quirk-Bailey for their efforts. Sheila and Maria did a terrific job outlining
the evening’s schedule and supervising a flawless event. Sheila was a wonderful facilitator.
They were assisted by Stephanie Gordon, Meg Coney, Evelyn Seiler, and Lori Eschenbaum
who attended to details and arrangements. Kudos to all.
A great deal of progress has been made on setting targets for our Institutional Effectiveness
Measures (IEMs). In addition, the Institutional Planning Committee (IPC) has been working hard
to synthesize the data and feedback collected from the financial policy input sessions. The IPC
is currently soliciting feedback from the campus community on a draft policy.
We are also moving ahead with the review of the shared governance system. The Steering
Committee has been meeting since early January. At the end of the week, we will be attending
a retreat with a national expert on the subject of shared governance to begin our work in
developing guiding principles and design criteria. The work of the Steering Committee is posted
on the College’s intranet for all to review.
President’s Report for February 2012
1
Below are some highlights of key activities going on around the College.
Institutional Effectiveness/Outcomes Assessment
•
The Outcomes Assessment Office held its 3rd annual Recognition Brunch on January 27.
Faculty, coordinators, and chairs leading the outcomes assessment process were recognized
for their efforts. Dr. Ender, members of the Institutional Outcomes Assessment Committee
and members of the academic leadership attended the event to support the faculty who work
diligently to ensure positive student outcomes. This annual event, acknowledging faculty
commitment to student learning, is essential to the success of Harper College.
Student Success
•
In support of the Math partnership, which allows feeder district high school students the
opportunity to take the MTH080 department final exam in May 2012, the Testing Center has
been working with Information Technology in developing and testing processes to load
scores. This loading mechanism will provide a means to notate the passing scores so that
juniors who score high enough will be able to enroll in the dual credit MTH101 course in their
senior year, and seniors who score high enough (and who also have C’s in geometry) will be
able to register for any of the math gatekeeper (college-level) courses at Harper the following
year.
•
In an effort to build community by engaging students, Student Activities coordinated a series
of Welcome Week activities from January 17 through 19. Welcome Week Information Tables
were staffed on Tuesday and Wednesday, with 1,821 student contacts during the two days,
and an additional 394 student contacts during the two evenings. Campus Activities Board
sponsored improv comedy group Baby Wants Candy who performed in the Student Center to
a crowd of 150 students. These events were a collaborative effort including staff members
from Health & Psychological Services, Wellness and Human Performance, and Student
Development.
•
The Athletics Department and other College offices are proactively assisting the fall 2011
football players with transition issues related to the announcement of the discontinuation of
the football program. Fifty-one members out of the 108 on the football team have remained
on campus to take spring classes and participate in the spring conditioning program. Others
have transferred to their home community college and some others have moved home but
are registered in online classes through Harper College and other colleges.
•
English Department’s Tom Knoff and Kurt Hemmer’s film Keenan has been selected for the
United States Super 8 Film and DV Festival at Rutgers University in New Brunswick, NJ and
will be screened at the very end of the first night on February 17.
•
Dr. Jessica Walsh, associate professor in English, has had a book of poetry published: The
Division of Standards, Finishing Line Press, 2012.
President’s Report for February 2012
2
Information Technology
•
Student Information System Access for Faculty – Completed the project to extend
access for faculty to the Student Information System (Banner) for a short period after
their end-date with the College in order to enter final grades, etc.
•
Speech Classroom Upgrades – Completed technology upgrades for Speech Rooms L135,
L216, and L304. The new technology produces an audio and visual recording of student
speeches, which is then used by faculty and students to provide feedback.
•
MySchedule Mobile Application – Completed the development and release of the first mobile
application that provides students access to personalized information in the Student
Information System. The MySchedule application allows students to access their course
schedule through their mobile devices. As with the Course Search application, this project
required the design and implementation of a secure and high performing infrastructure for
access to the College’s student databases.
•
Semester Start-up Activities – Software on computers located in computer labs and
classrooms was updated; new medical record software was installed for use in the new
Health Information Technology program; classroom technology was reconfigured in a
number of rooms in J Building; software for the medical diagnostic server was upgraded; a
new system to monitor building temperature levels was installed to assist the physical plant
staff in monitoring the campus heating and air conditioning systems; and several
enhancements to the network security system were implemented to help with password
management and improve work flow.
Human Resources
•
Service Awards – On February 8, the College held a Service Award presentation and
reception to recognize 130 Harper employees. In addition to being publically
recognized, the honorees were presented with a special lanyard indicating their years of
service and anniversary recognition award. Employees with 25 or more years of service
were presented with a crystal commemorative.
•
SHRP Newsletter – Damone Richardson, Human Resources Manager, writes a monthly
column in the Society of Human Resource Professionals’ Newsletter. In the January
installment, he wrote about “reverse mentoring,” which involves having junior employees
mentor more senior employees. He notes that reverse mentoring can positively affect
organizations in a number of areas, including: innovation, succession planning,
engagement, and recognition.
•
Recruiters and Diversity Leaders in HR Consortium – Paula Saltzman, Diverse Workforce
Recruiter, attended the Recruiters and Diversity Leaders in HR Consortium at Elgin
Community College on January 27. The goal of the Consortium is to broaden each member’s
marketing exposure and increase the diversity of our employee candidate pools. At this
meeting, the group discussed social media, diversity issues, and hiring manager training.
President’s Report for February 2012
3
Finance
•
Burnidge and Paschen, et al. Settlement – The final payment for the Burnidge and Paschen,
et al. settlement has been received, settling all claims.
Physical Plant
•
One Stop Admissions and Campus/Student Center Project – We are pleased to report that
the Capital Development Board (CDB) has agreed to expedite contract negotiations with
Cannon Design for architectural/engineering services related to the One Stop Admissions
and Campus/Student Center project. By separating out the programming phase from the
balance of the agreement between CDB and Cannon, the project team will be able to
proceed as originally scheduled and before many of the needed input groups depart campus
for summer break. While this still needs to be approved by the State’s Procurement Office,
CDB’s proactive approach to the project thus far is greatly appreciated.
Workforce and Strategic Alliances
•
A task force that is addressing the need for skilled workers in advanced manufacturing has
been meeting at Harper College for the past few months. As a result, new curriculum is being
developed by the Career Programs Division. Internships are being pursued with local
manufacturers for students who will be entering this new program. In addition, Continuing
Education will be offering a new program this summer. Nuts and Bolts will offer middle school
students the opportunity to engage in activities focused on advanced manufacturing.
In mid- March the College will produce William Shakespeare’s As You Like It. Yours truly will
have a small speaking role in the play during its first weekend run (March 17, 18, and 19). Kevin
Long is to be congratulated for his willingness to cast me in any role in a Shakespeare play! We
hope you will attend and enjoy this Harper theatre production.
Over the last couple of weeks I have had the opportunity to visit with our Student Senate, host a
luncheon for our Black Student Union leaders, visit with our track and field team, as well as our
men’s basketball team. I also spent a thoroughly enjoyable hour-and-a-half discussing
leadership with 25 of our student club and organization leaders. During each of these occasions
I came away feeling energized and excited about our students and their potential, collectively.
The students I have spent time with demonstrate commitment, passion, intelligence, wit, and a
keen sense of regard for their fellow students. I’m so very proud they are Harper students.
Harper is indeed a special place.
Ken
President’s Report for February 2012
4
President’s Report
February 15, 2012
Student Success Report
Noel-Levitz Student Satisfaction Survey
Dr. Judy Marwick
President’s Report
February 15, 2012
Legislative Report
Chief Communications Officer
_________________________
1200 West Algonquin Road
Palatine, Illinois 60067
Phil Burdick
847.925.6183(office)
847.951.6183 (cell)
pburdick@harpercollege.edu
Harper College Legislative Report –February 2012
Pension Reform
It’s rare that in Illinois three legislative leaders, Governor Quinn, Senate President John Cullerton, and
House Speaker Michal Madigan, agree on anything, but all three say they want to enact pension reform
during this legislative session. All three have formed their own panels or commissions to work possible
solutions. A good summary of some of the proposals were published recently in the political newsletter
Capitol Fax last month. They include:
1) Employer contributions - Forcing local school boards and universities to pay their share, which, Quinn
said, could be phased in over time. The governor also said that the transfer of responsibility wouldn't
necessarily result in higher local property taxes, which are capped, but could be done via economizing by
employers. Senate President Cullerton said much the same thing the other day. All three Democratic
leaders have said they favor this concept, so watch for it to move forward.
2) Employee contributions - Senate President John Cullerton's chief legal counsel has suggested raising
employee contributions by 3 percent, which could raise hundreds of millions a year if you include all
state, teacher, and university employees. With the governor including the item on his list yesterday, the
idea appears to be seriously in play.
3) Cost of living adjustments - Some of the talk at the Statehouse has been about possibly setting the
annual COLA on the original retirement amount, rather than basing it on the previous year's amount. This
was done for future hires during the last round of pension reforms. The COLAs could also be lowered or
eliminated.
4) Retirement age - The retirement age has already been raised for future hires, but Quinn now wants to
do that for current public employees.
Again, any change in pension benefits for current public employees would have to pass constitutional
muster. The Illinois Constitution specifically states that public pension benefits are an “enforceable
contractual relationship, the benefits of which shall not be diminished or impaired.” You can expect to
hear that phrase often as various pension proposals are debated.
Election
Just a reminder that Illinois’ primary elections take place on Tuesday, March 20, 2012; the general
election takes place on Tuesday, November 6, 2012.
Senate Bill 59
State Senator Dan Kotowski, whose new district now includes much of Harper’s service area, has taken
over sponsorship of Senate Bill 59, the so-called Community College Transfer Bill. The bill mandates
that public four-year universities in Illinois accept community college transfer credits in a more uniform
manner. The bill also requires community college students who graduate with an associate’s degree be
granted junior status when transferring to public universities, and take no more hours than native students
to earn their bachelor degrees (usually an additional 60 credit hours).
Harper Provost Judy Marwick has played a key role in past negotiations with public universities on behalf
of the Illinois Articulation Initiative and has helped to write the language of this bill. It is expected that
there will be strong opposition by four-year universities. The bill was endorsed unanimously by the
Council of Illinois Community College Presidents during their meeting in Springfield earlier this month.
ACCT Washington Legislative Summit
The Association of Community College Trustees (ACCT) held their annual legislative summit in
Washington D.C. this week. Dr. Ender and I had productive visits with our legislative delegation
including higher education policy staffers for U.S. Senator Richard Durbin, U.S. Senator Mark Kirk, and
U.S. Representative Jan Schakowsky. Dr. Ender also met with U.S. Representative Peter Roskam, who,
because of re-districting, now represents the northern part of Harper’s district (see district map below).
The staffers and lawmakers we met with were very interested in Harper’s new student completion agenda
and strategic plan as well as the recent visit by Motorola Solutions CEO and Chairman Greg Brown and
AACC president Dr. Walter Bumphus and their support for closer partnerships between Harper and large
employers in the district.
We also met with the U.S. Department of Education’s Assistant Secretary for Postsecondary Education
Dr. Eduardo Ochoa and his Special Assistant Dr. Rosemarie Nassif. Both Dr. Ochoa and Dr. Nassif
emphasized the federal governments’ strong interest in performance measures as a condition of grant
funding. They also appreciated Harper taking the lead in developing a regional consortium – the Northern
Illinois Workforce Coalition – to train people for middle skills jobs, especially in areas like manufacturing
which are experiencing a shortage of skilled workers.
New Congressional Map
As a result of redistricting, Harper College’s U.S. Congressional map has changed significantly. As the
map below indicates the 6th Congressional district (in green), currently represented by U.S. Representative
Peter Roskam now incorporates much of Harper’s district to the north including the Harper campus. U.S.
Representative Jan Schakowsky’s district (in yellow) moves west to include Arlington Heights and Mount
Prospect. The major part of Harper’s district is in the 8th Congressional District (in red) currently
represented by U.S. Representative Joe Walsh.
New Congressional Map
President’s Report
February 15, 2012
Correspondence
Regular Board Meeting Agenda
February 15, 2012
VIII. Harper College Employee
Comments
IX. Public Comments
Consent Agenda
February 15, 2012
X. Consent Agenda
(Roll Call Vote)
A. For Approval
X-A.1
Minutes
X-A.2
Bills Payable, Payroll
X-A.3
Bids
X-A.4
Proposals
X-A.5
Purchase Orders
X-A.6
Personnel
X-A.7
Student Service Awards –
Fall 2011
X-A.8
2012-2013 Credit Course
Fee Changes
X-A.9
Approval of Memorandum
of Understanding (MOU) for
Faculty Teaching PostRetirement
Consent Agenda
Exhibit X-A.1
February 15, 2012
Subject: Approval of Minutes of Board Meetings
Recommended by:
Maria Coons,
Senior Executive to the President / Board Liaison
Description
A recommendation is being made to approve the minutes from previous Board meeting(s).
Information
Not applicable to this Exhibit.
Rationale
Not applicable to this Exhibit.
Funding Source
Not applicable to this Exhibit.
WILLIAM RAINEY HARPER COLLEGE
BOARD OF TRUSTEES OF COMMUNITY COLLEGE DISTRICT #512
COUNTIES OF COOK, KANE, LAKE AND McHENRY, STATE OF ILLINOIS
Minutes of the Committee of the Whole Meeting of Wednesday, January 11. 2012
CALL TO ORDER
The Committee of the Whole meeting of the Board of Trustees of
Community College District No. 512 was called to order by Chair
Hill on Wednesday, January 11. 2012 at 5:07 p.m. in Room W216
of the Wojcik Conference Center, 1200 W. Algonquin Road,
Palatine, Illinois.
ROLL CALL
Present: Members Hill, Dowell, Gallo, Kelley, Mundt, Stone and
Student Member McDermott
Absent: Member Canning
Also in attendance: Dr. Ken Ender, President; Maria Coons,
Board Liaison; Sheila Quirk-Bailey, Chief of Staff; Ron Ally, EVP
Finance and Administrative Services; Judy Marwick, Provost;
Cathy Brod, Chief Advancement Officer; Phil Burdick, Chief
Communication Officer; Joan Kindle, Associate Provost; Diana
Sharp, Assistant Provost; Patrick Bauer, Chief Information Officer;
Thomas Crylen, Executive Director of Facilities Management; Bret
Bonnstetter, Controller; Roger Spayer, Chief Human Resources
Officer; Evelyn Seiler; Steve Peterson; ; and Paul Weise of JJR
DISCUSSION OF
FOLLOW UP ITEMS
Dr. Ender noted there would be a closed session at the end of the
meeting.
Crylen introduced Paul Weise of JJR to review the final plans for
the Roselle and Euclid entrances and adjoined parking lots project
that is scheduled to take place over the summer session. Crylen
then reviewed the other major construction projects and the
timeframe for each.
Quirk-Bailey and Bonnstetter conducted a Financial Policy input
session with the Board members to get their feedback and
reviewed the time line for the June recommendation.
Dr. Marwick reviewed the faculty sabbatical process and brought
forward a recommendation for review, which will come before the
Board in February.
Dr. Ally gave updates on the Burnidge Settlement and financial
aid.
Dr. Ender reminded the Board about the Interest Based
Bargaining training that will take place next week. Spayer
discussed how the negotiation priorities lists were being
developed and the impact the national healthcare act will have on
that part of the contracts.
Minutes of Committee of the Whole Meeting of January 11, 2012
Coons reviewed the December Board packet.
FORMAL ACTIONS
None taken.
ADJOURNMENT
The meeting was adjourned by Chair Hill at 6:50 p.m.
__________________________
Chair
______________________________
Secretary
2
WILLIAM RAINEY HARPER COLLEGE
BOARD OF TRUSTEES OF COMMUNITY COLLEGE DISTRICT #512
COUNTIES OF COOK, KANE, LAKE, AND McHENRY, STATE OF ILLINOIS
Minutes of the Regular Board Meeting of Wednesday, January 18, 2012
CALL TO ORDER
The regular meeting of the Board of Trustees of Community
College District No. 512 was called to order by Chair Hill on
Wednesday, January 18, 2012 at 6:02 p.m. in the Wojcik
Conference Center (Room 214), 1200 W. Algonquin Road,
Palatine, Illinois.
Member Canning led the Pledge of Allegiance. Member Kelley
was designated Secretary pro temp in the absence of Member
Mundt.
ROLL CALL
Present:
Members Rita Canning, Greg Dowell, Jim Gallo,
Diane Hill, Bill Kelley, Laurie Stone, and Student Member Justin
McDermott
Absent:
Walt Mundt
Also present: Kenneth Ender, President; Ronald Ally, EVP
Finance and Administrative Services; Patrick Bauer, Chief
Information Officer; Bret Bonnstetter, Controller; Catherine Brod,
Chief Advancement Officer; Phil Burdick, Chief Communications
Officer; Maria Coons, Senior Executive to the President; Tom
Crylen, Executive Director of Facilities Management; Joan Kindle,
Associate Provost; Judith Marwick, Provost; Sheila Quirk-Bailey,
Chief of Staff; Diana Sharp, Assistant Provost; Roger Spayer,
Chief Human Resources Officer; Mike Alsup; Kenya Ayers; Erin
Brooks; Orlando Cabrera; Tom Dowd; Doug Easterling; Njambi
Kamoche; Ashley Knight; Margi McGowan; Maria Moten; Mark
Mrozinski; Mike Nejman; Sheryl Otto; Larry Price; Michele
Robinson; Jim Roznowski; Evelyn Seiler; Doug Spiwak; Dennis
Weeks.
Guests: Phil Gerner, Robbins Schwartz Nicholas Lifton and
Taylor, Ltd.; Ed Choklek, FGM Architects; Charles Smith, Cannon
Design.
AGENDA APPROVAL
Member Dowell moved, Member Stone seconded, approval of the
Agenda.
In a voice vote, the motion carried.
PRESENTATION
There was no presentation this evening.
STUDENT TRUSTEE
REPORT
Student Trustee McDermott shared his experiences as his last
semester at Harper begins, helping direct students to their classes
and a few events happening during welcome week. Next week,
the Club Expo will be held, offering students opportunities to get
involved in the 40 clubs Harper sponsors. There has been a
Minutes of Regular Board Meeting of Wednesday, January 18, 2012
2
change in leadership in Student Senate as Kristina Shkruba
assumes the presidency from Joel Turnquist. John Carlos, the
1968 Olympian, will be on campus February 23 to talk and to sign
his book. McDermott will be attending the ICCB SAC meeting this
coming weekend at which they will finalize plans for the rest of the
year and the plans for the statewide blood drive to benefit the
armed forces blood bank.
FACULTY SENATE
PRESIDENT’S REPORT
PRESIDENT’S REPORT
Student Success Report
Dr. Tom Dowd announced the Faculty Senate’s support of the
administration’s decision to eliminate the football program. He
noted the inclusion of Dr. Ron Williams as guest speaker at the
semester opening session which added some interesting
perspectives on the direction of education. His comments were
beneficial to all and started thoughtful conversations on campus.
Dr. Marwick presented the Recommended Action to the President
(RAP), “Beginning in Fall of 2013, all new degree seeking
students full or part time will be required to demonstrate ability in
English, Reading and Math via either ACT scores, COMPASS
(which is the college placement test) scores, and or transfer credit
from another university or college. Students who cannot
demonstrate ability at the college level upon entry into the college
will be required to enroll in at least one appropriate developmental
course each semester until all developmental course work is
completed.”
Dr. Marwick explained the RAP process; this RAP was submitted
by the Assessment and Testing committee in consultation with the
Placement for Success Strategy Team, supported by both the
Dean’s Council and the Faculty Senate, and recommended by the
Provost to the President. The specific change is to require both
full-time and part-time students seeking degrees to test for
placement in math, reading, and English and then complete any
required developmental courses. Previously the requirement only
pertained to full-time degree seekers. Data supports this
recommendation; research shows that students who completed all
of their developmental education requirements by the end of their
first year of enrollment were more likely to persist to the second
year; and that students who complete their developmental
coursework in the first year are just as likely to persist and
complete as those students who didn’t need developmental, and
that students who choose not to take their developmental courses
right away tend not to persist at the institution.
It is being recommended that this be implemented in Fall 2013, in
order to allow time for the reconfiguration of the Banner Student
System, so testing is required for all degree seeking students and
to establish the prerequisite in affected courses. The long term
goal is to increase enrollment, persistence, success and
completion, although the extra testing requirement may negatively
Minutes of Regular Board Meeting of Wednesday, January 18, 2012
3
impact enrollment in the short-term. In conjunction with this
recommendation to require developmental education in and of
itself might not make much of a difference, but in concert with
many of the associated initiatives that we have going on at Harper
College we think it will make a difference for students and be
another piece in the student success puzzle.
Other student success efforts include high school partnerships,
which includes testing high school juniors for placement, dual
credit opportunities, and curriculum alignment; accelerated
pipeline for developmental courses; tracking and interventions
with developmental students; and reconfiguring the new student
flow to establish an individual academic plan to reach their
academic goal.
In response to member Kelley, Dr. Marwick affirmed that students
do not get credit for developmental course toward the 60 hours
required for an associate’s degree. There are two developmental
courses in English, two in reading and three in math.
In response to Members Canning and Gallo, Dr. Marwick
confirmed that the placement test in the high school junior year
assesses the need and permits the student to take the required
course their senior year so they can enter Harper at the college
level. If they place into a college level course, they can earn
college credit for the course their senior high school year. This is
being done for math at the moment and will be occurring for
English and reading in the near future. More opportunities for dual
credit are being worked on in addition to the ones already existing.
For classes taught at the high school by a Harper prequalified
teacher, no Harper tuition is charged and credit is earned.
In response to Member Stone, Dr. Marwick explained the effect on
staffing is not yet known and will be assessed as the changes to
the flow will affect the way counselors and advisors are working.
There are currently 1300 students participating in dual credit
courses. Dr. Marwick responded to Member Kelley that for dual
credit courses tuition is charged only when they attend at Harper,
if the course is conducted at the high school by a prequalified
teacher, there is no Harper tuition.
In response to Member Dowell, Dr. Marwick acknowledged that
they have been unable to do enrollment modeling or projections of
the impact the testing requirement may have. Dr. Ender
emphasized that Harper’s enrollment goal is shifting from efforts to
just increase FTE to efforts to increase student completion.
Dr. Ender continued with the President’s Report drawing attention
to the News and Notes handout which was shared with the staff at
the opening session. He noted that enrollment is down at Harper,
as it is across the nation at community colleges, Harper’s numbers
Minutes of Regular Board Meeting of Wednesday, January 18, 2012
4
reflecting a decrease in the number of courses being taken, not in
number of students enrolled. How this will impact the fiscal year
budget is being looked at. The Interest Based Bargaining training
was conducted on Tuesday in preparation for the negotiations that
will be conducted with four bargaining units. He noted Harper
encountered its first significant snowfall this season and
acknowledged the efficiency of Harper’s Physical Plant staff in
successfully addressing it. Dr. Ender acknowledged Cathy Brod’s
resignation letter in Correspondence, and thanked her for her 15
years of service as the Educational Foundation administrator. Dr.
Ender briefly discussed the difficult decision to end the football
program at Harper, and thanked Dr. Dowd for the support of the
Faculty Senate in this decision.
HARPER EMPLOYEE
COMMENTS
There were no employee comments.
PUBLIC COMMENTS
There were no citizen comments.
CONSENT AGENDA
Member Canning moved, Member Stone seconded, approval of
the minutes for December 8, 2011 Special Board meeting,
December 14, 2011 Committee of the Whole meeting, and
December 21, 2011 Regular Board meeting; bills payable; payroll
for December 2, 2011, December 16, 2011; estimated payroll for
December 30, 2011; bid awards; requests for proposal; purchase
orders; personnel action sheets; financial statements; committee
and liaison reports; grants and gifts status report; summary of
items purchased from state contracts, consortiums or
cooperatives; as outlined in Exhibits X-A.1 through X-B.4
(attached to the minutes in the Board of Trustees Official Book of
Minutes).
Accounts Payable & Tuition Refunds
$2,193,386.56
The payroll of December 2, 2011 in the amount of $2,004,988.88;
December 16, 2011 in the amount of $1,980,166.25; and the
estimated payroll of December 30, 2011 in the amount of
$1,992,577.57.
Bid Approvals
There were no bids for approval this month.
Requests for Proposal
There were no requests for proposal this month.
Purchase Orders
EX. X-A.5.a
Approve issuance of a purchase order to
Siemens Medical Solutions for a refurbished
Acuson S2000 Ultrasound System to be used
for instruction in the Diagnostic Medical
Sonography and Cardiac Technology imaging
courses, for which funds in the amounts
$137,521.00 are provided for in the Restricted
Purpose Fund budget.
Minutes of Regular Board Meeting of Wednesday, January 18, 2012
Personnel Actions
5
Supervisory/Management Appointments
Michael Mokodanski, Manager, Advanced Asset Technology,
Information Technology/Client Services, 01/17/12,
$75,000/year
Carolynn Muci, Internal Communication Manager, Office of
Communications, 01/30/12, $67,000/year
Chitresh Patel, ERP Systems Technical Manager, Information
Technology/Enterprise Systems, 12/19/11, $105,000/year
Classified Staff Appointments
Christina Armatys, Accounts Payable Clerk II, Accounting
Services, 12/12/11, $33,150/year
Thomas Buckley, Library Assistant II, p/t, Library Services,
01/03/12, $5,177/year
Lauren Caltagirone, Child Care Assistant, p/t, Business/Social
Science- Child Learning Center, 01/09/12, $22,620/year
Grants and Gifts Status
Report
Current status of operations public and private grants to the
College, and status of cash donations and in-kind gifts to the
Educational Foundation as outlined in Exhibit X-B.3.
Consortium, Cooperative
and State of Illinois
Contracts Purchasing
Status Report
Review of the monthly Consortium, Cooperative and State of
Illinois Contract Purchasing Status Report.
Upon roll call of the Consent Agenda, the vote was as follows:
Ayes:
Members Canning, Dowell, Gallo, Hill, Kelley,
Stone, and Student Member McDermott.
Nays:
None
Motion carried.
Dr. Ender took a moment to introduce and welcome Dr. Kenya
Ayers as the Dean of Academic Enrichment and Engagement and
Carolynn Muci as Harper’s Internal Communications Coordinator.
Foundation Report
Member Canning announced a $20,000 gift the Foundation
received from the Arlington Heights Masonic Lodge to benefit
disadvantaged male students with leadership potential. The
Foundation has also recruited two new board members, Dr. Robin
Turpin and Jim Moehling, whose biographical sketches were
distributed. She thanked those who have provided leadership gifts
toward the Year-End campaign and remind those who haven’t of
the opportunity to still do so. The Foundation has begun a major
sponsorship campaign for the 45th Anniversary Gala being held
September 22, for which $50,000 in pledges has already been
secured. Lisa Dietlin and Associates has been hired effective
Minutes of Regular Board Meeting of Wednesday, January 18, 2012
February 1, 2012 to bridge the transition between Foundation
executives and to assist with the Foundation executive search.
The Foundation leadership is working closely with Dr. Ender on
this transitional plan.
ICCTA Liaison Report
There was no ICCTA Liaison report.
Alumni Issues Report
There was no Alumni Issues report.
NEW BUSINESS
Approval of Service
Providers
Member Kelley moved, Member Canning seconded,
approval of the updated list of service providers for Fiscal Year
2012, as outlined in Exhibit XI-A (attached to the minutes in the
Board of Trustees’ Official Book of Minutes).
In a voice vote, the motion carried.
Adoption of Harper
Educational Foundation
Memorandum of
Understanding
Member Kelley moved, Member Dowell seconded,
approval of the Memorandum of Understanding with Harper’s
Educational Foundation, as outlined in Exhibit XI-B (attached to
the minutes in the Board of Trustees’ Official Book of Minutes).
In a voice vote, the motion carried.
Chair Hill reminded the Board of the upcoming Joint Retreat with
the Educational Foundation on February 9, 2012 from 4 to 8 p.m.
Dr. Ender summarized the agenda and work plan for the retreat.
ANNOUNCEMENTS BY THE CHAIR
Communications
There were no other communications.
Calendar Dates
Calendar dates are printed on the Agenda for Board information.
The Board Advisory Committee of the Whole Meeting will be
Wednesday, February 8, 2012 at 5:00 p.m. in W219. The Board
of Trustees and Educational Foundation Board Retreat will be
February 9, 2012 at 4:00 p.m. in Wojcik Conference Center. The
next Regular Board of Trustees Meeting will be Wednesday,
February 15, 2012 at 6:00 p.m. in W214 of Wojcik Conference
Center.
OTHER BUSINESS
There was no other business.
ADJOURNMENT
Member Kelley moved, Member Canning seconded, to adjourn
the meeting.
In a voice vote, the motion carried at 6:45 p.m.
_________________________
Chair
_________________________
Secretary
6
Consent Agenda
Exhibit X-A.2
February 15, 2012
Subject: Approval of Fund Expenditures
Recommended by:
Bret Bonnstetter
Administrative Services
Description
A recommendation is being made to approve fund expenditures as follows:
1. Bills Payable
Accounts Payable &Tuition Refunds
$ 5,003,546.25
2. Payroll
12/30/2011
01/13/2012
$ 1,577,870.96
1,404,750.97
3. Estimated Payroll
01/26/2012
$ 1,491,310.97
Information
Not applicable for this exhibit.
Rationale
Not applicable for this exhibit.
Funding Source
Not applicable for this exhibit.
Consent Agenda
Exhibit X-A.3.a
February 15, 2012
Subject: Accepting a Bid and Awarding a Construction Contract for a Pesticide Containment
Area
Recommended by:
Thomas Crylen, Executive Director of Facilities Management
Physical Plant
Description
A recommendation is being made to award a contract to Stuckey Construction Company to
construct a reinforced concrete containment structure and sump inside the greenhouse in
Building V.
The Illinois Department of Agriculture now requires parties who handle lawn care chemicals to
provide a containment area to facilitate the collection and recovery of wastewater from washing
or rinsing of pesticide residues from application equipment, mixing equipment, vehicles, floors,
or other items used for storage, handling, preparation, transportation, or application of
pesticides.
The Harper College Roads and Grounds Department applies lawn care chemicals to protect turf
and landscaped areas from insects and weeds, and currently does not have a suitable
containment structure to capture waste water. A State inspection has documented Harper’s
deficiency and requires compliance prior to further application of such lawn care chemicals.
A suitable design has been reviewed and approved by the State and a permit has been issued.
Plans and specifications were prepared by Legat Architects for bidding and construction.
Information
A bid notice was published in the newspaper, two trade journals, and the Harper website. Ten
(10) bids were solicited and nine (9) bids were received.
Bid Results - Pesticide Containment Structure at Building V
Stuckey Construction Company Waukegan, IL
$ 41,378
Best Construction, St. Charles, IL
$ 81,700
Big Time Construction, Addison, IL
$ 66,460
Boller Construction, Waukegan, IL
$ 54,100
Kovilic Construction, Franklin Park, IL
$ 90,687
Lifco Construction, Carol Stream, IL
$ 53,800
Martam Construction, Inc., Elgin, IL
$ 82,090
R&W Clark Construction, Frankfort, IL
$ 46,500
Schaefges Brothers, Inc., Wheeling, IL
$ 52,150
Consent Agenda
Exhibit X-A.3.a
February 15, 2012
Rationale
A pesticide containment area is required by the Illinois Department of Agriculture. Stuckey
Construction Company was the lowest responsible and responsive bidder.
Funding Source
Funds in the amount of $62,816 are available in the Operations and Maintenance (Restricted)
Fund (Fund 3) contingency budget. This includes the bid amount of $41,378, a 10%
contingency of $4,138, and other project costs of $17,300. This project was not included in the
FY 2012 budget since it was not known at the time the budget was developed. This
requirement was brought to our attention by the Illinois Department of Agriculture due to an
inspection of our facility in late 2011.
A summary of the total estimated cost for this project is as follows:
Construction Contract
10% Contingency
Subtotal
Other Project Costs:
Architect
Reimbursable Expenses
State Permit
Soil and Material Testing/Inspections
Subtotal
Total Estimated Project Cost
$ 41,378
4,138
45,516
10,500
1,500
300
5,000
17,300
$ 62,816
Consent Agenda
Exhibit X-A.4
February 15, 2012
Subject: Approval of Requests for Proposals
Recommended by:
Bret Bonnstetter, Controller
Accounting Services
Description
There are no requests for proposals this month.
Information
Not applicable to this exhibit.
Rationale
Not applicable to this exhibit.
Funding Source
Not applicable to this exhibit.
Consent Agenda
Exhibit X-A.5.a
February 15, 2012
Subject: Issuing a Purchase Order for Parts and Supplies for the NexPress Color Imaging
Device
Recommended By
Phil Burdick, Chief Communications Officer
President’s Office
Description
A recommendation is being made to issue an annual purchase order to Eastman Kodak, Inc. for
parts and supplies for the NexPress color imaging device for fiscal years 2012, 2013 and 2014.
Information
The NexPress is a shared resource between the College's Publishing Services (Print Shop) and
the Graphic Arts Technology academic program. The NexPress device was donated to the
College with the agreement that Publishing Services would pay for specific parts and supplies to
maintain the device.
The College’s demand for color printing has increased over the past two years as the NexPress
has been used to produce certificates and diplomas for graduates, institutional documents such
as the Campus Master Plan, the external and internal versions of the Strategic Plan publication,
Educational Foundation fundraising collateral, the Small Works Catalog, and a number of other
color publications.
The use of the NexPress has allowed the College to produce color printing at a savings of
approximately 35-50% when compared to rates charged by off-campus vendors. The academic
demand of the NexPress has also increased as the scope and enrollment of the Graphic Arts
Technology program has grown. Unduplicated headcount enrollment has grown from 285 in
fiscal year 2009 to 423 in fiscal year 2011, a 48% increase.
Rationale
Eastman Kodak is presently the sole provider of parts and supplies on the NexPress color
imaging device. Although Eastman Kodak has voluntarily filed for Chapter 11 reorganization, it
continues normal business operations. Parts and supplies are only paid for after receipt of
invoice.
Funding Source
Funds in the amount of $44,500 annually are provided in the Education Fund (Fund 1) budget.
Consent Agenda
Exhibit X-A.6
February 15, 2012
Subject: Approval of Personnel Actions
Recommended by:
Roger Spayer,
Chief Human Resources Officer
Description
A recommendation is being made to approve monthly personnel actions.
Information
Not applicable to this Exhibit.
Rationale
Not applicable to this Exhibit.
Funding Source
Not applicable to this Exhibit.
Consent Agenda
Exhibit X-A.7
February 15, 2012
Subject: Student Service Awards – Fall 2011
Recommended by:
Dr. Judith Marwick, Provost
Description
Student Service Awards are recommended for student leaders in lieu of salaries, automatic
tuition grants, or other means of payment for particular student positions. The award is
recommended based on performance, position, leadership, length of service, credit hour
completion, and grade point average. Eligibility for an award is based on an evaluation of each
of these criteria.
Information
Monetary student awards are given for specific campus responsibilities through Student
Activities as a means of compensating student leaders for significant contributions to campus
life. The award amount is equivalent to one-half or one-whole semester’s tuition depending on
the number of credit hours in which a student is enrolled. The Board of Trustees is asked to
approve student service awards each fall and spring semester. The Educational Foundation
contributes to the funding of the Student Trustee’s award.
Funds, both Educational and Auxiliary, are allotted each year for these awards.
Rationale
As per Board Policy 3.12, student service awards are presented to students for outstanding
contributions in the area of student activities. The authority for giving student service awards
requires approval of the Board of Trustees.
Funding Source
The amount of $15,221.25 will be paid from the Student Grants and Scholarship Fund. In
addition, the Educational Foundation will contribute $1,127.50 for the Student Trustee’s award,
funded by the General Scholarship Fund. The 26 awards this semester total $16,348.75.
Student Service Awards, Fall 2011
First Name
Nancy
Nicole
Ashley
Annette
Sumeeda
Himanshu
Julio
Katie
AJ (Arnold)
Pete
(Clifford)
Lauren
Joanna
Last Name
Organization/Club
Full/Half
Amount
O’Toole
Thomas
Koeckritz
Kandell
Begum
Shah
Hernandez
Shawke
De Villa
PerkinsHerd
Foster
Zuno
Buddhist Interest Group
Ethics Bowl
Harper College Dance Company
Harper’s Bizarre Fashion Club
Indian/Pakistani Student Association
International Students’ Club
Latinos Unidos
Veteran’s Association
Campus Activities Board
Campus Activities Board
Half
Half
Half
Half
Half
Half
Half
Half
Half
Half
$615.00
$615.00
$461.25
$358.75
$153.75
$615.00
$615.00
$615.00
$615.00
$307.00
Campus Activities Board
Harbinger
Half
Half
Clance
Cook
Harbinger, Pride Club
Full
Sean
Mary El
Lisa
Kelsey
John
Misa
Maria
Kristina
Laura
Evan
Ben
Samantha
Justin
Pedersen
Welsh
Licari
Adler
Sebastyan
Fioretto
Herrera
Shkaruba
Licari
Dolezal
Kessler
Fenton
McDermott
Harbinger, Pride Club
Harbinger
Honors
Honors
Phi Theta Kappa
Phi Theta Kappa
Pom/Dance Team
Student Senate
Student Senate
Student Senate
Theatre
WHCM
Student Trustee
Full
Full
Half
Half
Half
Half
Full
Half
Full
Half
Half
Full
Full
$615.00
$153.75
$615.00
$922.50
$820.00
$615.00
$615.00
$153.75
$615.00
$1,230.00
$512.00
$1,230.00
$615.00
$358.75
$1,178.75
$1,127.50
TOTAL: $ 16,348.75
Consent Agenda
Exhibit X-A.8
February 15, 2012
Subject:
2012-2013 Proposed Credit Course Fee Changes
Recommended by: Dr. Judith Marwick, Provost
Description
The Proposed Credit Course Fee changes for 2012-13 academic year need to be incorporated
into the College’s registration system. Therefore, fee changes must be acted upon prior to the
February 27, 2012 early registration date for Summer 2012 semester.
Information
The Proposed Credit Course Fee changes for 2012-2013 have been reviewed by the
department chair/coordinators and division deans. Upon approval, the fees will be published on
the Web Site and in other appropriate publications. This information needs to be incorporated
into the College registration system. The Proposed Credit Course Fee changes are presented to
the Board of Trustees annually. It is important that this information is approved in February to be
incorporated in publications prior to early registration. Early registration for Summer Session
2012 will begin on February 27, 2012. See proposed course fee changes below.
Rationale
The Board is to establish a fee schedule per sections 05.05.07 of the Board Policy Manual.
These fees are to cover the costs of consumable supplies, materials, or licensing for tests or
software that is specific to a particular course and beyond those covered by the regular tuition.
Funding Source
No funding is necessary.
PROPOSED COURSE FEE CHANGES
FY13
ORG
UNIT
111
111
116
116
116
116
116
116
116
114
116
116
116
116
159
112
112
116
116
116
116
116
116
116
116
116
116
116
116
116
116
116
116
116
116
116
116
116
116
DIV
BUS/SS
BUS/SS
BUS/SS
BUS/SS
BUS/SS
BUS/SS
BUS/SS
BUS/SS
BUS/SS
BUS/SS
BUS/SS
BUS/SS
BUS/SS
BUS/SS
BUS/SS
BUS/SS
BUS/SS
BUS/SS
BUS/SS
BUS/SS
BUS/SS
BUS/SS
BUS/SS
BUS/SS
BUS/SS
BUS/SS
BUS/SS
BUS/SS
BUS/SS
BUS/SS
BUS/SS
BUS/SS
BUS/SS
BUS/SS
BUS/SS
BUS/SS
BUS/SS
BUS/SS
BUS/SS
DEPT
ACC
ACC
CIS
CIS
CIS
CIS
CIS
CIS
CIS
EDU
EIT
EIT
EIT
EIT
MCM
MGT
MGT
NET
NET
NET
NET
NET
NET
NET
NET
NET
NET
NET
NET
NET
NET
NET
NET
NET
NET
NET
NET
NET
NET
COURSE
#
101
102
181
203
211
243
244
278
286
250
200
220
250
280
232
225
230
105
111
112
121
122
141
161
171
172
173
174
182
211
212
221
222
223
261
262
263
270
271
COURSE
TITLE
Intro to Financial Accounting
Intro to Management Accounting
Visual Basic Software Development
Systems Analysis and Design
IT Project Management
Database Administration
Database Design and Implementation
JAVA Software Programming III
Microsoft .NET Framework
Introduction to Technology in Education
E-Learning Tools and Technology
E-Learning Instructional Systems Design
E-Learning Web Development
E-Learning Development and Management
Introduction to Advertising
Applied General Statistics
Topics in Management
Introduction to Operating Systems
A+ Hardware
A+ Operating Systems Technologies
Introduction to Networking
Internet Protocols
Linux Administration
Windows Client Administration
Cisco Networking Basics
Cisco Routing Basics
Cisco Switching Basics
Cisco Network Design
Computer Forensics
Supporting Operating Systems
Supporting Applications
Wireless Networking
Communication Technologies
Information Storage and Management
Windows Server Administration
Windows Network Administration
Windows Directory Services Administration
Cisco Networking (CCNA)
Cisco Advance Routing
P:\BOARD PDF\FEBRUARY 2012 BOARD PDF\Consent_Agenda_X-A.8 FY13 Proposed Fee Credit Change List Feb12/changes only
1
CURRENTLY
2011-12
$10.00
$10.00
$10.00
$10.00
$10.00
$10.00
$10.00
$10.00
$10.00
$25.00
$10.00
$10.00
$10.00
$10.00
$25.00
$16.00
$25.00
$50.00
$50.00
$50.00
$50.00
$50.00
$50.00
$50.00
$50.00
$50.00
$50.00
$50.00
$50.00
$50.00
$50.00
$50.00
$50.00
$50.00
$50.00
$50.00
$50.00
PROPOSED
2012-13
$0.00
$0.00
$0.00
$0.00
$75.00
$75.00
$75.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$75.00
$75.00
$75.00
$75.00
$75.00
$10.00
$10.00
$75.00
$75.00
$75.00
$75.00
$10.00
$75.00
$10.00
$10.00
$10.00
$75.00
$10.00
$75.00
$75.00
$75.00
$0.00
PROPOSED
Increase/Decrease
-$10.00
-$10.00
-$10.00
-$10.00
$65.00
$65.00
$65.00
-$10.00
-$10.00
-$25.00
-$10.00
-$10.00
-$10.00
-$10.00
-$25.00
-$16.00
-$25.00
$75.00
$25.00
$25.00
$25.00
$25.00
-$40.00
-$40.00
$25.00
$25.00
$25.00
$25.00
-$40.00
$25.00
-$40.00
-$40.00
-$40.00
$75.00
-$40.00
$25.00
$25.00
$25.00
-$50.00
2/7/2012
PROPOSED COURSE FEE CHANGES
FY13
ORG
UNIT
116
116
116
116
116
116
116
116
116
155
116
116
116
116
116
116
116
116
116
116
116
116
116
524
524
351
412
412
315
315
315
315
318
359
359
359
359
359
359
DIV
BUS/SS
BUS/SS
BUS/SS
BUS/SS
BUS/SS
BUS/SS
BUS/SS
BUS/SS
BUS/SS
BUS/SS
BUS/SS
BUS/SS
BUS/SS
BUS/SS
BUS/SS
BUS/SS
BUS/SS
BUS/SS
BUS/SS
BUS/SS
BUS/SS
BUS/SS
BUS/SS
CP
CP
CP
CP
CP
CP
CP
CP
CP
CP
CP
CP
CP
CP
CP
CP
DEPT
NET
NET
NET
NET
NET
NET
NET
NET
NET
PLS
WEB
WEB
WEB
WEB
WEB
WEB
WEB
WEB
WEB
WEB
WEB
WEB
WEB
ARC
ATE
CNA
CTE
CTE
DHY
DHY
DHY
DHY
DIT
DMS
DMS
DMS
DMS
DMS
DMS
COURSE
#
272
273
274
280
281
282
283
284
289
223
150
170
180
185
190
200
210
220
235
240
250
260
299
202
214
101
107
201
100
200
230
250
150
202
204
206
209
223
225
COURSE
TITLE
Cisco Remote Access
Cisco Multilayer Switching
Cisco Network Troubleshooting
Network Security Fundamentals
Networking Systems Security
Network Defense and Countermeasures
Ethical Hacking
Computer Security Incident Response
Security Captstone
Computer-Assisted Legal Research
Web Development I
Web Graphics
Flash Multimedia I
Motion Graphics and Effects
Web Authoring Tools
Web Development II
Web Accessibility
Flash Multimedia II
Interactive Scripting
E-Commerce Development
Server-Side Scripting
Interactive Multimedia
Web Management Capstone
Architectural Design Studio II
Architectural Models
Nursing Assistant Training
Diagnostics I
Pediatric Echocardiography Techniques
Pre-Clinic
Periodontology
Pain Management
Clinical Dental Hygiene III
Dietetic Clinical Laboratory I
Introduction to Ultrasound
Essentials of Abdominal and Small Parts Sonography I
Ultrasound Practicum I
Ultrasound Practicum II
Art of Vascular Sonography
Abdominal Vascular Sonography
P:\BOARD PDF\FEBRUARY 2012 BOARD PDF\Consent_Agenda_X-A.8 FY13 Proposed Fee Credit Change List Feb12/changes only
2
CURRENTLY
2011-12
$50.00
$50.00
$50.00
$85.00
$10.00
$10.00
$10.00
$10.00
$10.00
$15.00
$25.00
$25.00
$25.00
$25.00
$25.00
$25.00
$25.00
$25.00
$25.00
$25.00
$25.00
$25.00
$25.00
$35.00
$60.00
$50.00
$150.00
$50.00
$150.00
$200.00
$10.00
$12.50
$50.00
$50.00
$50.00
$35.00
PROPOSED
2012-13
$0.00
$0.00
$0.00
$75.00
$0.00
$0.00
$0.00
$0.00
$0.00
$65.00
$15.00
$15.00
$15.00
$15.00
$15.00
$15.00
$15.00
$15.00
$15.00
$15.00
$15.00
$15.00
$15.00
$25.00
$0.00
$101.00
$20.00
$0.00
$170.00
$125.00
$160.00
$250.00
$52.00
$25.00
$20.00
$75.00
$75.00
$75.00
$0.00
PROPOSED
Increase/Decrease
-$50.00
-$50.00
-$50.00
-$10.00
-$10.00
-$10.00
-$10.00
-$10.00
-$10.00
$50.00
-$10.00
-$10.00
-$10.00
-$10.00
-$10.00
-$10.00
-$10.00
-$10.00
-$10.00
-$10.00
-$10.00
-$10.00
-$10.00
$25.00
-$35.00
$41.00
$20.00
-$50.00
$20.00
$75.00
$10.00
$50.00
$42.00
$12.50
$20.00
$25.00
$25.00
$25.00
-$35.00
2/7/2012
PROPOSED COURSE FEE CHANGES
FY13
ORG
UNIT
221
221
221
221
221
221
221
221
221
221
221
221
221
221
221
117
509
509
314
222
222
222
222
521
521
521
521
324
312
312
312
312
312
358
218
218
614
614
219
DIV
CP
CP
CP
CP
CP
CP
CP
CP
CP
CP
CP
CP
CP
CP
CP
CP
CP
CP
CP
CP
CP
CP
CP
CP
CP
CP
CP
CP
CP
CP
CP
CP
CP
CP
LIBARTS
LIBARTS
LIBARTS
LIBARTS
LIBARTS
DEPT
FAS
FAS
FAS
FAS
FAS
FAS
FAS
FAS
FAS
FAS
FAS
FAS
FAS
FAS
FAS
FSM
GRA
GRA
HSC
IND
IND
IND
IND
MNT
MNT
MNT
MNT
MOA
NUR
NUR
NUR
NUR
NUR
RAD
ART
ART
ITP
ITP
MUS
COURSE
#
106
107
108
117
118
125
135
202
208
209
229
230
250
260
265
216
222
230
106
203
205
250
283
110
211
212
255
215
101
104
108
140
218
101
250
281
101
220
180
COURSE
TITLE
Fashion Design and Illustration II
Textiles I
Textiles II
Textile Studio I
Textile Studio II
Product Development I
Product Development II
Advanced Flat Pattern Design and Draping II
Computer-Aided Patternmaking
Advanced Fashion Illustration I
Promotion of Fashion
Fashion Forecasting
Professional Studio Practices I
Professional Studio Practices II
Creative Enterprise
Intro to Wines, Spirits, and Beverage Management
Package Design
Prepress Production
Health Occupations Career Observation
3-D Design Studio
Historic Styles Studio
Portfolio Review
Introduction to Green Design
Basic Welding
Welding III
Welding IV
Belts/Bearings and Mechanical Drives
Clinical Procedures
PN Fundamentals
PN Field Experience
PN Mental Health Nursing
Adult Health Concepts I
Role Transition Seminar
Introduction to Radiologic Technology
Digital Photography Studio
Topics in Studio Art
Introduction to Interpreting
Practicum
Minor Applied Music - half hour lessons
P:\BOARD PDF\FEBRUARY 2012 BOARD PDF\Consent_Agenda_X-A.8 FY13 Proposed Fee Credit Change List Feb12/changes only
3
CURRENTLY
2011-12
$20.00
$40.00
$40.00
$50.00
$20.00
$25.00
$20.00
$60.00
$35.00
$5.00
$5.00
$25.00
$25.00
$50.00
$75.00
$90.00
$85.00
$80.00
$25.00
$15.00
$10.00
$50.00
$75.00
PROPOSED
2012-13
$0.00
$50.00
$50.00
$50.00
$50.00
$50.00
$50.00
$0.00
$50.00
$0.00
$40.00
$30.00
$50.00
$50.00
$50.00
$70.00
$35.00
$50.00
$20.00
$10.00
$10.00
$35.00
$5.00
$75.00
$100.00
$100.00
$25.00
$105.00
$106.00
$70.00
$25.00
$48.00
$45.00
$35.00
$40.00
$25.00
$0.00
$20.00
$100.00
PROPOSED
Increase/Decrease
-$20.00
$10.00
$10.00
$50.00
$50.00
$50.00
$50.00
-$50.00
$50.00
-$20.00
$15.00
$10.00
$50.00
$50.00
$50.00
$10.00
$35.00
$15.00
$20.00
$5.00
$5.00
$10.00
-$20.00
$25.00
$25.00
$10.00
$25.00
$20.00
$26.00
$45.00
$25.00
$48.00
$45.00
$20.00
$40.00
$25.00
-$10.00
-$30.00
$25.00
2/7/2012
PROPOSED COURSE FEE CHANGES
FY13
ORG
UNIT
219
219
219
219
219
219
219
219
219
219
219
219
219
219
219
219
219
219
219
219
219
219
219
219
219
219
219
219
219
219
219
219
219
219
219
219
219
219
219
DIV
LIBARTS
LIBARTS
LIBARTS
LIBARTS
LIBARTS
LIBARTS
LIBARTS
LIBARTS
LIBARTS
LIBARTS
LIBARTS
LIBARTS
LIBARTS
LIBARTS
LIBARTS
LIBARTS
LIBARTS
LIBARTS
LIBARTS
LIBARTS
LIBARTS
LIBARTS
LIBARTS
LIBARTS
LIBARTS
LIBARTS
LIBARTS
LIBARTS
LIBARTS
LIBARTS
LIBARTS
LIBARTS
LIBARTS
LIBARTS
LIBARTS
LIBARTS
LIBARTS
LIBARTS
LIBARTS
DEPT
MUS
MUS
MUS
MUS
MUS
MUS
MUS
MUS
MUS
MUS
MUS
MUS
MUS
MUS
MUS
MUS
MUS
MUS
MUS
MUS
MUS
MUS
MUS
MUS
MUS
MUS
MUS
MUS
MUS
MUS
MUS
MUS
MUS
MUS
MUS
MUS
MUS
MUS
MUS
COURSE
#
181
182
183
184
185
186
187
188
189
190
191
192
193
194
195
196
197
198
199
280
281
282
283
284
285
286
287
288
289
290
291
292
293
294
295
296
297
298
299
COURSE
TITLE
Minor Applied Music - half hour lessons
Minor Applied Music - half hour lessons
Minor Applied Music - half hour lessons
Minor Applied Music - half hour lessons
Minor Applied Music - half hour lessons
Minor Applied Music - half hour lessons
Minor Applied Music - half hour lessons
Minor Applied Music - half hour lessons
Minor Applied Music - half hour lessons
Minor Applied Music - half hour lessons
Minor Applied Music - half hour lessons
Minor Applied Music - half hour lessons
Minor Applied Music - half hour lessons
Minor Applied Music - half hour lessons
Minor Applied Music - half hour lessons
Minor Applied Music - half hour lessons
Minor Applied Music - half hour lessons
Minor Applied Music - half hour lessons
Minor Applied Music - half hour lessons
Major Applied Music - hour lessons
Major Applied Music - hour lessons
Major Applied Music - hour lessons
Major Applied Music - hour lessons
Major Applied Music - hour lessons
Major Applied Music - hour lessons
Major Applied Music - hour lessons
Major Applied Music - hour lessons
Major Applied Music - hour lessons
Major Applied Music - hour lessons
Major Applied Music - hour lessons
Major Applied Music - hour lessons
Major Applied Music - hour lessons
Major Applied Music - hour lessons
Major Applied Music - hour lessons
Major Applied Music - hour lessons
Major Applied Music - hour lessons
Major Applied Music - hour lessons
Major Applied Music - hour lessons
Major Applied Music - hour lessons
P:\BOARD PDF\FEBRUARY 2012 BOARD PDF\Consent_Agenda_X-A.8 FY13 Proposed Fee Credit Change List Feb12/changes only
4
CURRENTLY
2011-12
$75.00
$75.00
$75.00
$75.00
$75.00
$75.00
$75.00
$75.00
$75.00
$75.00
$75.00
$75.00
$75.00
$75.00
$75.00
$75.00
$75.00
$75.00
$75.00
$150.00
$150.00
$150.00
$150.00
$150.00
$150.00
$150.00
$150.00
$150.00
$150.00
$150.00
$150.00
$150.00
$150.00
$150.00
$150.00
$150.00
$150.00
$150.00
$150.00
PROPOSED
2012-13
$100.00
$100.00
$100.00
$100.00
$100.00
$100.00
$100.00
$100.00
$100.00
$100.00
$100.00
$100.00
$100.00
$100.00
$100.00
$100.00
$100.00
$100.00
$100.00
$200.00
$200.00
$200.00
$200.00
$200.00
$200.00
$200.00
$200.00
$200.00
$200.00
$200.00
$200.00
$200.00
$200.00
$200.00
$200.00
$200.00
$200.00
$200.00
$200.00
PROPOSED
Increase/Decrease
$25.00
$25.00
$25.00
$25.00
$25.00
$25.00
$25.00
$25.00
$25.00
$25.00
$25.00
$25.00
$25.00
$25.00
$25.00
$25.00
$25.00
$25.00
$25.00
$50.00
$50.00
$50.00
$50.00
$50.00
$50.00
$50.00
$50.00
$50.00
$50.00
$50.00
$50.00
$50.00
$50.00
$50.00
$50.00
$50.00
$50.00
$50.00
$50.00
2/7/2012
PROPOSED COURSE FEE CHANGES
FY13
ORG
UNIT
613
613
514
516
519
519
514
411
411
411
411
411
411
311
411
411
DIV
LIBARTS
LIBARTS
MS
MS
MS
MS
MS
WHP
WHP
WHP
WHP
WHP
WHP
WHP
WHP
WHP
DEPT
SGN
SGN
AST
CHM
EGR
EGR
PHS
PED
PED
PED
PED
PED
PED
PED
PED
PED
COURSE
#
210
212
100
220
120
121
101
130
150
152
201
203
209
212
213
219
* = variable rate
COURSE
TITLE
American Sign Lang. Comm.:A Cultural Perspective
Introduction to American Sign Language Literature
Astronomy Survey
Biochemistry
Engineering Graphics I
Engineering Graphics II
Physical Science Survey
Individual Sports
Bowling
Golf
Standard First Aid
Health
Personal Training III: Functional Exercise Instruction
Personal Training II: Fitness Assessment Procedures
Wellness for Life
Care and Prevention of Athletic Injuries
P:\BOARD PDF\FEBRUARY 2012 BOARD PDF\Consent_Agenda_X-A.8 FY13 Proposed Fee Credit Change List Feb12/changes only
5
CURRENTLY
2011-12
$25.00
$10.00
$25.00
$25.00
$50.00*
$40.00
$20.00
$15.00
$15.00
$15.00
$15.00
$20.00
PROPOSED
2012-13
$0.00
$0.00
$10.00
$46.00
$35.00
$35.00
$10.00
60.00*
$50.00
$40.00
$25.00
$20.00
$20.00
$20.00
$20.00
$25.00
PROPOSED
Increase/Decrease
-$25.00
-$10.00
$10.00
$46.00
$10.00
$10.00
$10.00
$10.00
$10.00
$40.00
$5.00
$5.00
$5.00
$5.00
$5.00
$5.00
2/7/2012
Consent Agenda
Exhibit X-A.9
February 15, 2012
Subject: Approval of Memorandum of Understanding (MOU) for Faculty Teaching PostRetirement
Recommended by:
Dr. Kenneth Ender,
President
Description
This MOU provides retired faculty who are offered assignments to teach, the same benefits
associated with adjunct faculty employment. This permits retired faculty to teach no more than
23 credit hours per year, the same as adjunct faculty members. Currently, retired faculty are
limited to 12 hours per year.
Information
This MOU replaces a Side Letter that is included in the 2006-2010 Faculty Agreement. The
2006-2010 Side Letter eliminated a previous agreement that allowed retired faculty to earn twice
the adjunct rate of pay for teaching. The number of hours they could teach was also limited to
12 per year. This new MOU permits retired faculty, who are offered assignments, to teach no
more than 23 credit hours per year, which is the same allowed for adjunct faculty. Retired
faculty will continue to earn the same rate of pay as adjunct faculty.
Rationale
This MOU aligns the teaching parameters for retired faculty with those of adjunct faculty. Rate of
pay and limits on teaching loads will be the same. The only benefit accorded to retired faculty
beyond those accorded to adjunct faculty is the opportunity to be assigned a class schedule
each semester after full-time faculty have been assigned their loads. Adjunct schedules are
assigned after retired faculty. This practice was included in the 2006-2010 Side Letter and will
be retained in the new MOU.
Funding Source
Not applicable to this exhibit.
Consent Agenda
February 15, 2012
X. Consent Agenda
B. Information
X-B.1
Financial Statements
X-B.2
Committee and Liaison Reports
X-B.3
Grants and Gifts
X-B.4
Consortiums
X-B.5
Faculty Tenure Status Report
(2nd Year, Fall Hires)
Consent Agenda
Exhibit X-B.1
February 15, 2012
Subject: Monthly Financial Statements
Recommended by:
Bret Bonnstetter, Controller
Accounting Services
Description
Monthly financial statements for review.
Information
Not applicable for this exhibit.
Rationale
Not applicable for this exhibit.
Funding Source
Not applicable for this exhibit.
WILLIAM RAINEY HARPER COLLEGE
FY 2011/2012 BUDGET AND EXPENDITURES
December 31, 2011 (UNAUDITED)
Consent Agenda
Exhibit X-B.1
February 15, 2012
EDUCATION FUND
.
DIVISION
BUDGET
BUDGET YTD
EXPENDITURES
YEAR TO DATE
FUTURE
% PAID OR
COMMITMENTS COMMITTED
UNCOMMITTED
BALANCE
President
President/Board of Trustees
$530,953
$214,240
$286,588
$153,643
82.91%
$90,722
$851,363
$4,755,910
$902,843
$7,060,450
$8,486,308
$4,146,406
$8,981,261
$7,840,448
$4,052,950
$2,922,832
$258,295
$4,841,734
$520,106
$55,620,906
$343,525
$1,919,010
$364,297
$2,848,892
$3,424,225
$1,673,075
$3,623,939
$3,163,621
$1,635,365
$1,179,363
$104,222
$1,953,640
$209,863
$22,443,036
$169,867
$2,116,380
$396,340
$3,245,773
$3,710,235
$1,829,690
$4,017,103
$3,502,873
$1,941,316
$1,375,414
$118,709
$2,120,104
$193,164
$24,736,968
$117,937
$1,248,257
$289,907
$1,489,050
$2,021,351
$966,476
$2,029,155
$2,029,048
$1,293,786
$698,822
$87,924
$1,191,273
$111,271
$13,574,257
33.81%
70.75%
76.01%
67.06%
67.54%
67.44%
67.32%
70.56%
79.82%
70.97%
80.00%
68.39%
58.53%
68.88%
$563,559
$1,391,273
$216,596
$2,325,627
$2,754,722
$1,350,240
$2,935,003
$2,308,527
$817,848
$848,596
$51,662
$1,530,357
$215,671
$17,309,681
$2,109,025
$9,308,993
$1,771,619
$13,189,637
$850,992
$3,756,179
$714,848
$5,322,019
$934,683
$3,924,037
$684,643
$5,543,363
$687,603
$2,670,849
$392,607
$3,751,059
76.92%
70.84%
60.81%
70.47%
$486,739
$2,714,107
$694,369
$3,895,215
$990,478
$399,658
$457,147
$352,968
81.79%
$180,363
$1,009,286
$407,247
$474,788
$272,400
74.03%
$262,098
$2,661,804
$340,434
$3,002,238
$1,074,038
$137,365
$1,211,403
$1,237,863
$143,794
$1,381,657
$847,609
$102,419
$950,028
78.35%
72.32%
77.66%
$576,332
$94,221
$670,553
$111,183
$774,474
$381,672
$1,267,329
$44,862
$312,500
$154,005
$511,367
$63,561
$359,376
$138,515
$561,452
$38,153
$244,304
$140,966
$423,423
91.48%
77.95%
73.23%
77.71%
$9,469
$170,794
$102,191
$282,454
Institutional
$14,174,290
$5,719,326
$3,771,828
$284,465
28.62%
$10,117,997
Grand Total:
$89,785,117
$36,228,295
$37,213,791
$19,762,243
63.46%
$32,809,083
Student Success
Provost
Acad Enrichment & Engagement
Asst Provost Support Services
Business & Social Sciences
Liberal Arts
Resources for Learning
Career Programs
Math & Science
Enrollment Services
Student Affairs & WCA
Student Activities
Student Development
Associate Provost
Sub total
Finance & Administrative Services
Administrative Services
Information Technology
Human Resources
Sub total
Planning & Institutional Effectiveness
Institutional Effectiveness
Institutional Advancement
Advancement
Communications
Publications & Com Services
Media Comm & Gov Relations
Sub total
Professional & Continuing Education
Continuing Ed & Business Outreach
Workforce & Economic Developmt
Workforce & Strategic Alliance
Sub total
Institutional
Note: Future salary costs for all full-time and regular faculty and staff are encumbered as future commitments.
Future commitments include salaries for adjunct faculty and overload only when these expenses enter the
payroll system (which occurs during Fall, Spring and Summer semesters). Salaries are not encumbered in
future commitments for temporary employees (part-time and full-time) and student aids.
Page 1 of 2
WILLIAM RAINEY HARPER COLLEGE
FY 2011/2012 BUDGET AND EXPENDITURES
December 31, 2011 (UNAUDITED)
Consent Agenda
Exhibit X-B.1
February 15, 2012
OPERATIONS AND MAINTENANCE FUND
BUDGET
DIVISION
EXPENDITURES
YEAR TO DATE
FUTURE
COMMITMENTS
% PAID OR
COMMITTED
UNCOMMITTED
BALANCE
Institutional
Institutional
$
1,227,685
$
65,406
$
112,046
14.45% $
1,050,233
Finance & Administrative Services
Administrative Services
$
1,373,287
$
615,621
$
373,121
72.00% $
384,545
Information Technology
$
1,604,184
$
526,731
$
312,150
52.29% $
765,303
Physical Plant
Grand Total:
$
13,689,377
$
5,394,386
$
3,650,600
66.07% $
4,644,391
Sub total $
16,666,848
$
6,536,738
$
4,335,871
65.23% $
5,794,239
$
17,894,533
$
6,602,144
$
4,447,917
61.75% $
6,844,472
AUDIT FUND
BUDGET
DIVISION
EXPENDITURES
YEAR TO DATE
FUTURE
COMMITMENTS
% PAID OR
COMMITTED
UNCOMMITTED
BALANCE
Institutional
Institutional
$
107,200
$
(10,100) $
-
-9.42% $
117,300
Grand Total:
$
107,200
$
(10,100) $
-
-9.42% $
117,300
LIABILITY, PROTECTION AND SETTLEMENT FUND
BUDGET
DIVISION
EXPENDITURES
YEAR TO DATE
FUTURE
COMMITMENTS
% PAID OR
COMMITTED
UNCOMMITTED
BALANCE
Institutional
Institutional
$
2,165,000
$
942,827
$
16,820
44.33% $
1,205,353
Grand Total:
$
2,165,000
$
942,827
$
16,820
44.33% $
1,205,353
Page 2 of 2
Consent Agenda
Exhibit X-B.1
FY 2011 & FY 2012 Education Fund (01) Expenditures
as of December 31st (UNAUDITED)
February 15,2012
84,000,000
96.9% FY11
72,000,000
77.9% FY11
60,000,000
69.8% FY11
62.6% FY11
48,000,000
Dollars
FY11
55.0% FY11
36,000,000
FY12
48.3%FY11
Percentages
include
cumulative
monthly
expenditures
as a percent
of budget
41.5% FY12
42.0% FY11
24,000,000
32.3% FY12
32.6% FY11
25.5% FY12
25.6% FY11
12,000,000
18.4% FY12
18.5% FY11
5.1% FY12
5.6% FY11
11.4% FY12
11.5% FY11
0
Month
July
Aug
Sept
Oct
Nov
Dec
Months
Jan
Feb
Mar
Apr
May
Jun
Consent Agenda
Exhibit X-B.1
February 15, 2012
FY 2011 & FY 2012 Tax Capped Funds Expenditures*
as of December 31st (UNAUDITED)
100,000,000
94.5% FY11
90,000,000
80,000,000
76.6% FY11
68.6% FY11
70,000,000
61.7% FY11
60,000,000
Dollars
54.2% FY11
50,000,000
FY11
47.4%FY11
40,000,000
FY12
40.7% FY12
41.2% FY11
Percentages
include
cumulative
monthly
expenditures
as a percent
of budget
32.0 % FY12
32.2% FY11
30,000,000
25.4% FY12
25.4% FY11
20,000,000
18.6% FY12
18.4% FY11
4.9% FY12
5.5% FY11
10,000,000
11.4% FY12
11.6% FY11
0
Month
July
Aug
Sept
Oct
Nov
Dec
Jan
Months
Feb
Mar
Apr
May
* Includes Education, Operations and Maintenance, Audit, and Liability, Protection, and Settlement Funds
Jun
WILLIAM RAINEY HARPER COLLEGE
Schedule of Investments
As of December 31, 2011
Depository or
Instrument
Certificates of Deposits
PMA/Landmark Community Bank
PMA/Citizens State Bank-Anton
PMA/Bankannapolis
PMA/First Interstate Bank
PMA/Citibank
PMA/Rockford B&TC
PMA/Harris Bank Palatine
PMA/Sterling National Bank
PMA/Republic Bank of Chicago
PMA/Bank of Bolivar
PMA/Northbrook B&TC-Wintrust
PMA/Advantage National Bank-Wintrust
PMA/St Charles B&TC
PMA/Lake Forest B&TC-Wintrust
PMA/Hinsdale B&TC-Wintrust
PMA/North Shore Comm B&TC-Wintrust
PMA/Libertyville B&TC-Wintrust
PMA/Old Plank Trail Community Bank NA
PMA/Cole Taylor Bank (N)
PMA/Bank Leumi USA
PMA/Pacific Commerce Bank
PMA/Village Bank & Trust Wintrust
PMA/Crystal Lake B&TC NA Wintrust
PMA/Beverly Bank & Trust Co, NA Wintrust
PMA/State Bank of the Lakes Wintrust
PMA/Citizens State Bank Finley
PMA/Wheaton Bank & Trust Wintrust
PMA/Barrington B&TC Wintrust
PMA/Town Bank Wintrust
PMA/Cole Taylor Bank (N)
PMA/Banco Popular North America
PMA/Citibank
PMA/Harris Bank Palatine
PMA/Safra National Bank of New York
PMA/Cole Taylor Bank (N)
PMA/Citibank
PMA/Harris Bank Palatine
PMA/Orrstown Bank
PMA/Private Bank MI
Date
Purchased
05/17/11
05/17/11
05/17/11
05/17/11
09/07/11
10/12/11
10/18/11
05/31/11
05/31/11
05/31/11
05/31/11
05/31/11
05/31/11
05/31/11
05/31/11
05/31/11
05/31/11
05/31/11
05/31/11
08/01/11
08/01/11
08/01/11
08/01/11
08/01/11
08/01/11
08/01/11
08/01/11
08/01/11
08/01/11
08/01/11
08/01/11
10/12/11
11/02/11
10/12/11
10/12/11
10/12/11
11/30/11
07/18/11
07/18/11
Date of
Maturity
03/01/12
03/01/12
03/01/12
03/01/12
03/21/12
04/12/12
04/18/12
05/03/12
05/03/12
05/03/12
05/03/12
05/03/12
05/03/12
05/03/12
05/03/12
05/03/12
05/03/12
05/03/12
05/03/12
05/12/12
05/12/12
05/12/12
05/12/12
05/12/12
05/12/12
05/12/12
05/12/12
05/12/12
05/12/12
05/12/12
05/12/12
05/23/12
05/30/12
06/13/12
06/13/12
06/13/12
06/13/12
07/25/12
07/25/12
Exhibit X-B.1
February 15, 2012
Term
(Days)
289
289
289
289
196
183
183
338
338
338
338
338
338
338
338
338
338
338
338
289
289
289
289
289
289
289
289
289
289
289
289
224
210
245
245
245
196
373
373
Rate
(%)
0.250
0.192
0.162
0.142
0.140
0.143
0.200
0.250
0.300
0.163
0.162
0.162
0.162
0.162
0.162
0.162
0.162
0.162
0.120
0.199
0.150
0.152
0.152
0.152
0.152
0.152
0.152
0.152
0.152
0.150
0.150
0.130
0.250
0.162
0.170
0.140
0.320
0.349
0.409
Earnings
to
Maturity
493.19
379.82
319.76
281.19
2,104.99
178.48
3,000.00
576.10
416.71
375.30
374.69
374.69
374.69
374.69
374.69
374.69
374.69
374.69
60.46
393.86
118.38
300.13
300.13
300.13
300.13
300.13
300.13
300.13
300.13
126.96
296.56
3,191.23
4,016.39
271.14
99.28
234.65
4,798.25
888.27
1,040.39
Principal
Invested @
December 31, 2001
Market
Value
249,500
249,600
249,600
249,610
2,800,000
249,800
3,000,000
249,400
150,000
249,400
249,600
249,600
249,600
249,600
249,600
249,600
249,600
249,600
54,400
249,600
100,000
249,400
249,400
249,400
249,400
249,400
249,400
249,400
249,400
106,895
249,700
4,000,000
2,800,000
249,700
87,000
249,700
2,800,000
249,100
248,900
CONSENT_AGENDA_EXH_X-B1_15Febxlsx.xlsx
PMA/Harris Bank Palatine
PMA/Sonabank
PMA/Enterprise Bank & Trust
PMA/Freeport State Bank
PMA/Bank of East Asia
PMA/American NB Fox Cities
PMA/Wells Fargo Bank NA
PMA/Post Oak Bank, NA
PMA/IDB Bank NY
PMA/Austin Bank of Chicago
PMA/Connecticut Bank & Trust
PMA/Fifth Third Bank
PMA/CUSD #203 Naperville BABS
PMA/Bank of India CD
PMA/US Treasury Notes
PMA/First NB Fox Valley
PMA/CUSD #203 Naperville BABS
PMA/CUSD #203 Naperville BABS
12/20/11
02/24/11
08/26/11
03/09/11
09/22/11
12/15/10
08/26/11
09/16/11
10/19/11
10/27/11
06/16/11
09/16/11
8/26/2009
04/27/11
10/27/2009
10/01/09
8/26/2009
8/26/2009
07/25/12
08/17/12
08/27/12
08/30/12
09/21/12
12/14/12
02/19/13
04/01/13
04/11/13
04/30/13
07/01/13
10/01/13
2/1/2012
04/12/12
10/31/2012
12/30/13
2/1/2014
2/1/2015
218
540
367
540
365
730
543
563
540
551
654
746
889
351
1100
1551
1620
1985
0.200
0.649
0.250
0.591
0.450
0.599
0.406
0.400
0.341
0.355
0.348
0.428
2.200
0.452
3.875
2.650
3.150
3.550
3,335.52
377.20
627.12
2,168.34
1,117.50
2,937.50
1,478.77
1,532.60
1,255.97
1,332.26
1,542.68
2,168.80
43,400.00
118.30
116,671.20
27,588.67
129,701.25
183,535.00
Enterprise Bank
Citibank
ISDLAF
ISDLAF Term Series
2,800,000
247,600
249,370
247,800
248,800
245,200
248,520
248,400
248,740
248,600
247,100
247,700
28,661,735 $
883,106
248,118
1,072,734
245,000
919,502
944,597
4,313,057 $
28,661,735
881,100
248,005
1,030,780
252,044
956,010
1,002,021
4,369,960
5,213,775
6,155,852
16,789,771
13,400,000
5,213,775
6,155,852
16,789,771
13,400,000
24,206,954
24,206,954
Weighted Average 1.052%
Illinois Funds
Average Daily Yield 0.077%
TOTALS AS OF:
December 31, 2001 $
98,741,144
$
98,798,047
CONSENT_AGENDA_EXH_X-B1_15Febxlsx.xlsx
Consent Agenda
Exhibit X-B.1
February 15, 2012
WILLIAM RAINEY HARPER COLLEGE
Preliminary Schedule of Investments
As of December 31, 2011
Outstanding
Investments
EDUCATION FUND
$
34,201,690
Investment Interest Income
Planned
To Date
FY 2012
Budget
$
130,000
$
65,000
$
Earned
To Date
44,323
OPERATIONS & MAINT FUND
18,464,192
60,000 $
30,000
22,900
OPERATIONS & MAINT (RESTRICTED) FUND
12,770,170
41,000 $
20,500
16,983
BOND & INTEREST FUND
4,559,097
30,000 $
15,000
8,915
AUXILIARY ENTERPRISES FUND
2,478,527
15,000 $
7,500
4,475
RESTRICTED PURPOSES FUND
9,411,475
40,000 $
20,000
15,424
15,274,980
65,000 $
32,500
20,877
293,496
500 $
250
430
1,287,518
1,000 $
500
1,651
WORKING CASH FUND
AUDIT FUND
LIABILITY, PROTECTION & SETTLEMENT FUND
Total
$
98,741,145
$
382,500
$
191,250
$
135,978
CONSENT_AGENDA_EXH_X-B1_15Febxlsx.xlsx
WM Rainey Harper College 2009 Bonds
PMA Financial Network Inc.
Date of Issue
Portfolio & Rebate
Liability Report
Last Updated:
12/31/11
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
10%
0%
0%
0%
Bond Proceeds
02/05/09
02/28/09
03/06/09
03/06/09
03/09/09
03/12/09
03/12/09
03/12/09
03/20/09
03/27/09
03/27/09
03/31/09
03/31/09
04/01/09
04/01/09
04/02/09
04/03/09
04/09/09
04/09/09
04/14/09
04/14/09
04/14/09
04/30/09
05/01/09
05/01/09
05/01/09
05/05/09
05/05/09
05/05/09
05/05/09
05/06/09
05/15/09
05/31/09
05/31/09
06/01/09
06/01/09
06/01/09
06/04/09
06/08/09
06/15/09
06/15/09
06/23/09
06/30/09
06/30/09
07/01/09
07/01/09
07/01/09
07/21/09
07/21/09
07/21/09
07/29/09
07/31/09
08/01/09
08/01/09
08/01/09
08/01/09
08/01/09
08/01/09
08/15/09
08/15/09
08/31/09
$156,092,539.15
$8,398,304.46
$1,636,106.81
$4,177,294.13
$8,268,397.18
$526,805.32
$1,003,642.50
$5,727,661.11
$1,200,868.89
$1,176,361.11
Inv ID
EXPENSES
Projected
Actual
22473
22474
22466
22477
22478
22479
22485
22491
22492
$1,250,814.54
$5,608,400.00
$5,751,794.44
$5,729,467.02
$1,205,189.38
$3,008,088.18
$2,080,040.00
$4,357,680.00
$3,457,926.00
$4,538,306.67
$1,386,036.20
$827,536.50
$817,656.00
$814,000.00
$870,509.70
$3,675,464.10
22487
22497
22499
22507
22508
22500
22509
22493
22547
22548
22512
22513
22514
22515
22546
$4,180,094.10
$4,517,649.00
$2,050,632.89
22567
22566
22604
$759,044.72
$1,182,064.30
22626
22646
$1,253,483.42
$1,048,460.00
$1,130,100.40
$4,004,688.60
$3,706,928.83
$1,924,524.58
$0.00
22668
22679
22680
22698
22776
$0.00
12/31/11
Arbitrage Allowable Yield
4.331100%
Original Expense Budget
$156,092,539.15
Portfolio Return for Arbitrage Purposes
0.714554%
Current Projected Expenses
$164,085,431.83
Anticipated Arbitrage Rebate
$10,602,703.00
Total Estimated Interest Income
Investment Cost
Today's Date
$156,092,539.15
Original Interest Income:
Updated by Analyst:
Date
02/05/09
Original Bond Proceeds
Cumulative
Expenses
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$7,992,892.68
Investment Maturity Mat ID Coupons and Interest
$58,681.59
$63,737.28
22491
$27,500.00
22499
$37,573.25
$122,000.00
22466
22492
22507
$89,975.00
$35,403.57
$0.01
$25,000.00
$8,833.33
22604
$25,486.11
22477
22485
22497
$22,142.73
$181,750.00
$125,000.00
$125,000.00
22478
22473
22508
22626
22680
$14,438.85
$12,512.50
$192,625.00
$64,000.00
$16,250.00
$82,012.50
22479
22493
$26,250.00
$64,583.33
Page 1 of 14
$0.00
Above Arb. Line/(Below Arb. Line)
-$51,883,906.56
Weighted Average Life of Future Funded Expenses (Days)
1524
Percent Spent
Balance
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
$156,092,539.15
$156,151,220.74
$147,752,916.28
$146,116,809.47
$141,939,515.34
$133,671,118.16
$133,144,312.84
$132,140,670.34
$126,413,009.23
$125,212,140.34
$124,035,779.23
$124,099,516.51
$124,099,516.51
$124,127,016.51
$118,518,616.51
$112,766,822.07
$107,037,355.05
$105,832,165.67
$102,824,077.49
$100,744,037.49
$96,386,357.49
$92,928,431.49
$92,966,004.74
$93,088,004.74
$88,549,698.07
$87,163,661.87
$86,336,125.37
$85,518,469.37
$84,704,469.37
$83,833,959.67
$80,158,495.57
$80,248,470.57
$80,283,874.14
$80,283,874.15
$80,308,874.15
$80,317,707.48
$76,137,613.38
$71,619,964.38
$69,569,331.49
$69,594,817.60
$68,835,772.88
$67,653,708.58
$67,653,708.58
$67,675,851.31
$67,857,601.31
$67,982,601.31
$68,107,601.31
$67,059,141.31
$65,929,040.91
$61,924,352.31
$58,217,423.48
$58,231,862.33
$58,244,374.83
$58,436,999.83
$58,500,999.83
$58,517,249.83
$58,599,262.33
$58,599,262.33
$58,625,512.33
$58,690,095.66
$56,765,571.08
Description
Original Bond Proceeds
Federated Interest
CUSIP # 64966GYV8 New York City, NY S&P AA / Moody's Aa3
CUSIP # 64966EBW6 New York City, NY S&P AA/ Moody's Aa3
CUSIP # 20772GMZ Connecticut S&P AA / Moody's Aa3
CUSIP # 93974BFB3 Washington S&P AA/Moody's Aa1
CUSIP # 709141VE2 Pennsylvania S&P AA/Moody's Aa2
CUSIP # 646039FS1 New Jersey S&P AA/Moody's Aa3
CUSIP # 419780S77 Hawaii S&P AA/ Moody's Aa2
CUSIP # 57582NSB2 Massachusetts S&P AA/Moody's Aa2
CUSIP # 940157KF6 Washington DC S&P AAA/Moody's Aaa
Federated Interest
Expenses
Coupon
CUSIP # 930863N68 Wake County, NC S&P AAA/Moody's Aaa
CUSIP # 4197800S69 Hawaii S&P AA/Moody's Aa2
CUSIP # 97705LSF5 Wisconsin S&P AA/Moody's Aa3
CUSIP # 434452JB5 Hoffman Estates, IL S&P AA/Moody's Aa2
CUSIP # 584002LE7 Mecklenburg, NC S&P AAA/Moody's Aaa
CUSIP # 425506S45 Hennepin County, MN S&P AAA/Moody's Aaa
CUSIP # 011770S21 Alaska S&P AA/Moody's Aa2
CUSIP # 487694DT5 Keller School, TX S&P AA/Moody's Aa3
Federated Interest
Coupon
CUSIP #3733832W7 Georgia, Moody's Aaa S&P AAA
CUSIP #514120KB9 Lancaster County SCH District A/A2
CUSIP #215543JR1 Main Township HS, AA+
CUSIP #215543JQ3 Main Township HS AA+
CUSIP #215543JP5 Main Township HS AA+
CUSIP #215543JT7 Main Township HS AA+
CUSIP #652233DF1 Newport News, VA AA/AA2
Coupon
Federated Interest
ISDLAF Interest
Coupon
Coupon
CUSIP #147051TH9 Cary, NC S&P AAA Moody's A2
CUSIP #478718C72 Johnson County, KS SCH Dist 233 AA/Aa3
CUSIP # 0386812V3 Arapahoe County SD 5, AA/Aa2
Coupon
CUSIP #70914PCU4 Pennsylvania State, AA/Aa2
CUSIP #199491TC5 Columbus, OH AAA/Aaa
Expenses
Federated Interest
Coupon
Coupon
CUSIP #953106K26 West Hartford, CT S&P AAA Moody's Aaa
CUSIP #262651RW4 DuPage County Forest Preserve AAA/Aaa
CUSIP #0104104M7 Alabama State, S&P AA Moody's Aa2
CUSIP #917542MT6 Utah State, S&P AAA Moody's Aaa
Federated Interest
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
CUSIP #917542KY7 Utah State, S&P AAA/Moody's Aaa
WM Rainey Harper College 2009 Bonds
PMA Financial Network Inc.
Date of Issue
Portfolio & Rebate
Liability Report
Last Updated:
12/31/11
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
45%
08/31/09
09/01/09
09/01/09
09/01/09
09/01/09
09/11/09
09/15/09
09/16/09
09/22/09
09/30/09
09/30/09
10/01/09
10/01/09
10/31/09
11/01/09
11/01/09
11/01/09
11/03/09
11/03/09
11/15/09
11/19/09
11/19/09
11/19/09
11/30/09
12/01/09
12/01/09
12/01/09
12/01/09
12/01/09
12/01/09
12/01/09
12/01/09
12/01/09
12/01/09
12/15/09
12/15/09
12/15/09
12/22/09
12/22/09
12/22/09
12/22/09
12/31/09
12/31/09
01/01/10
01/01/10
01/01/10
01/01/10
01/01/10
01/15/10
01/31/10
02/01/10
02/01/10
02/01/10
02/01/10
02/01/10
02/01/10
02/01/10
02/01/10
02/01/10
02/01/10
02/04/10
Bond Proceeds
$1,366,394.44
$3,318,023.33
$1,762,441.25
$1,192,852.22
Inv ID
EXPENSES
Projected
Actual
22868
22870
22871
22892
$1,256,140.92
$1,569,385.00
$1,545,565.00
22909
22910
$381,375.00
$652,024.35
$966,796.00
23072
23073
23074
$2,097,320.00
$237,741.80
$299,107.50
$307,850.20
$313,500.35
23105
23157
23158
23159
23160
$1,258,758.40
$811,824.00
$962,959.20
$941,406.90
$1,956,753.00
23301
23302
23303
23299
$0.00
12/31/11
Arbitrage Allowable Yield
4.331100%
Original Expense Budget
$156,092,539.15
Portfolio Return for Arbitrage Purposes
0.714554%
Current Projected Expenses
$164,085,431.83
Anticipated Arbitrage Rebate
$10,602,703.00
Total Estimated Interest Income
Investment Cost
Today's Date
$156,092,539.15
Original Interest Income:
Updated by Analyst:
Date
02/05/09
Original Bond Proceeds
Cumulative
Expenses
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$7,992,892.68
Investment Maturity Mat ID Coupons and Interest
22474
22487
22548
22546
22491
$100,000.00 22547
$6,681.79
$37,750.00
$104,166.67
$18,812.50
$33,206.25
$767.43
$27,500.00
22499
22679
22868
$420.05
$122,000.00
$21,993.75
$31,250.00
22466
$89,875.00
22492
22500
22507
22512
22513
22514
22515
22567
22871
$377.85
$25,000.00
$34,680.56
$26,500.00
$9,849.37
$9,727.78
$9,727.78
$13,454.37
$74,900.00
$43,125.00
22604
22646
22892
$36,700.00
$25,875.00
$25,000.00
22477
22485
22497
22698
22776
22668
22473
22478
22508
22509
22626
22680
22870
$5,501.45
$181,750.00
$125,000.00
$125,000.00
$84,875.00
$47,031.25
$14,500.00
$358.50
$192,625.00
$12,512.50
$64,000.00
$127,555.56
$16,250.00
$82,012.50
$86,250.00
Page 2 of 14
Percent Spent
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
$0.00
Above Arb. Line/(Below Arb. Line)
-$51,883,906.56
Weighted Average Life of Future Funded Expenses (Days)
1524
Balance
$56,772,252.87
$56,810,002.87
$56,914,169.54
$56,932,982.04
$56,966,188.29
$55,599,793.85
$52,281,770.52
$50,519,329.27
$49,326,477.05
$49,326,477.05
$49,327,244.48
$49,354,744.48
$49,454,744.48
$49,455,164.53
$49,577,164.53
$49,599,158.28
$49,630,408.28
$48,061,023.28
$46,515,458.28
$46,605,333.28
$46,223,958.28
$45,571,933.93
$44,605,137.93
$44,605,515.78
$44,630,515.78
$44,665,196.34
$44,691,696.34
$44,701,545.71
$44,711,273.49
$44,721,001.27
$44,734,455.64
$44,809,355.64
$44,852,480.64
$42,755,160.64
$42,791,860.64
$42,817,735.64
$42,842,735.64
$42,604,993.84
$42,305,886.34
$41,998,036.14
$41,684,535.79
$41,684,535.79
$41,690,037.24
$41,871,787.24
$41,996,787.24
$42,121,787.24
$42,206,662.24
$42,253,693.49
$42,268,193.49
$42,268,551.99
$42,461,176.99
$42,473,689.49
$42,537,689.49
$42,665,245.05
$42,681,495.05
$42,763,507.55
$42,849,757.55
$42,037,933.55
$41,074,974.35
$40,133,567.45
$38,176,814.45
Description
Federated Interest
Coupon
Coupon
CUSIP # 61334OD96 Montgomery County,MD AAA/Aaa
CUSIP #373383GB8 Georgia State S&P AAA/Moody's Aaa
CUSIP # 509076AL9 Lake County Sch Dist 112 S&P AAA/AA1
CUSIP #199491XK2 Columbus,OH S&P AAA/Aaa
Federated Interest
Coupon
Coupon
Federated Interest
Coupon
Coupon
Coupon
Chaska MN School District #112 CUSIP 161681RP8S&P AAA M-A1
Chaska MN School District #112 CUSIP 161681RN3S&P AAA M-A1
Coupon
CUSIP 971481MF0 Wilmette Moody's Aaa
CUSIP 971481MG0 Wilmette Moody's Aaa
CUSIP 971481MK0 Wilmette Moody's Aaa
Federated Interest
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Schaumberg SD #54 CUSIP 213561RH8 S&P AA
Coupon
Coupon
Coupon
Mount Prospect CUSIP #622826SA4 S&P AA
Mount Prospect CUSIP #622826SC0 S&P AA
Mount Prospect CUSIP #622826SD8 S&P AA
Mount Prospect CUSIP #622826SE6 S&P AA
Federated Interest
Coupon
Coupon
Coupon
Coupon
Coupon
Federated Interest
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Downers Grove SD 58 CUSIP 263165GG1 Moody's Aa2
Downers Grove SD 58 CUSIP 263165GJ5 Moody's Aa2
Downers Grove SD 58 CUSIP 263165GH9 Moody's Aa2
Washigton County Utah SD St. George CUSIP 938718XQ1
WM Rainey Harper College 2009 Bonds
PMA Financial Network Inc.
Date of Issue
Portfolio & Rebate
Liability Report
Last Updated:
12/31/11
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
02/09/10
02/09/10
02/09/10
02/15/10
02/15/10
02/28/10
03/01/10
03/01/10
03/01/10
03/01/10
03/01/10
03/31/10
03/31/10
04/01/10
04/01/10
04/01/10
04/01/10
04/01/10
04/01/10
04/01/10
04/01/10
04/01/10
04/01/10
04/01/10
04/01/10
04/01/10
04/30/10
05/01/10
05/01/10
05/01/10
05/15/10
05/31/10
06/01/10
06/01/10
06/01/10
06/01/10
06/01/10
06/01/10
06/01/10
06/01/10
06/01/10
06/01/10
06/01/10
06/01/10
06/01/10
06/01/10
06/01/10
06/01/10
06/01/10
06/15/10
06/15/10
06/15/10
06/15/10
06/15/10
06/15/10
06/30/10
06/30/10
07/01/10
07/01/10
07/01/10
07/01/10
Bond Proceeds
Inv ID
$4,006,940.60
$1,910,287.50
$80,195.20
23294
23295
23296
EXPENSES
Projected
Actual
$2,549,601.44
$866,570.40
$812,576.00
$818,757.45
$831,750.60
$854,881.35
$508,445.00
$0.00
23356
23357
23358
23359
23360
23371
$2,560,929.97
$0.00
12/31/11
Arbitrage Allowable Yield
4.331100%
Original Expense Budget
$156,092,539.15
Portfolio Return for Arbitrage Purposes
0.714554%
Current Projected Expenses
$164,085,431.83
Anticipated Arbitrage Rebate
$10,602,703.00
Total Estimated Interest Income
Investment Cost
Today's Date
$156,092,539.15
Original Interest Income:
Updated by Analyst:
Date
02/05/09
Original Bond Proceeds
Cumulative
Expenses
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$7,992,892.68
Investment Maturity Mat ID Coupons and Interest
22479
22493
22474
22487
22546
22548
22566
22491
22547
23294
23294
23295
23296
$80,000.00 23296
22499
22679
22868
22466
21159
22492
22500
22507
22512
22513
22514
22515
$74,900.00 22567
22871
23072
23073
23074
23105
23157
23158
23160
22604
22646
22892
23301
23302
23303
22477
22485
22497
22698
$26,250.00
$77,500.00
$262.09
$37,750.00
$125,000.00
$51,975.00
$22,575.00
$97,875.00
$277.14
$27,500.00
$100,000.00
$8,536.67
$0.00
$5,416.67
$231.11
$231.30
$122,000.00
$21,993.75
$31,250.00
$89,875.00
$240.91
$3,257.29
$25,000.00
$27,500.00
$26,500.00
$8,606.25
$8,500.00
$8,500.00
$11,756.25
$43,125.00
$4,000.00
$6,773.33
$11,400.00
$30,000.00
$2,539.58
$3,146.88
$3,367.71
$36,700.00
$25,875.00
$25,000.00
$5,955.56
$6,923.33
$6,811.67
$236.58
$181,750.00
$125,000.00
$125,000.00
$84,875.00
Page 3 of 14
Percent Spent
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
$0.00
Above Arb. Line/(Below Arb. Line)
-$51,883,906.56
Weighted Average Life of Future Funded Expenses (Days)
1524
Balance
$34,169,873.85
$32,259,586.35
$32,179,391.15
$32,205,641.15
$32,283,141.15
$32,283,403.24
$32,321,153.24
$32,446,153.24
$32,498,128.24
$32,520,703.24
$32,618,578.24
$32,618,578.24
$32,618,855.38
$32,646,355.38
$32,746,355.38
$32,754,892.05
$32,754,892.05
$32,760,308.72
$32,760,539.83
$32,840,539.83
$31,973,969.43
$31,161,393.43
$30,342,635.98
$29,510,885.38
$28,656,004.03
$28,147,559.03
$28,147,790.33
$28,269,790.33
$28,291,784.08
$28,323,034.08
$28,412,909.08
$28,413,149.99
$28,416,407.28
$28,441,407.28
$28,468,907.28
$28,495,407.28
$28,504,013.53
$28,512,513.53
$28,521,013.53
$28,532,769.78
$28,607,669.78
$28,650,794.78
$28,654,794.78
$28,661,568.11
$28,672,968.11
$28,702,968.11
$28,705,507.69
$28,708,654.57
$28,712,022.28
$28,748,722.28
$28,774,597.28
$28,799,597.28
$28,805,552.84
$28,812,476.17
$28,819,287.84
$28,819,287.84
$28,819,524.42
$29,001,274.42
$29,126,274.42
$29,251,274.42
$29,336,149.42
Description
Winnebago County WI CUSIP 947603QW5
Winnebago County WI CUSIP 947603QV7
Winnebago County WI CUSIP 947603QU9
Coupon
Coupon
Federated Interest
Coupon
Coupon
Coupon
Federated Interest
Coupon
Coupon
Coupon
Coupon
Coupon
Winnebago County WI CUSIP 947603QU9
Schaumberg IL CUSIP 806347JJ0
Schaumberg IL CUSIP 806347JK7
Schaumberg IL CUSIP806347JJL5
Schaumberg IL CUSIP806347JM3
Schaumberg IL CUSIP 806347JN1
Naperville IL CUSIP 630412TA2
Federated Interest
Coupon
Coupon
Coupon
Coupon
Federated Interest
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Expenses
Federated Interest
Coupon
Coupon
Coupon
WM Rainey Harper College 2009 Bonds
PMA Financial Network Inc.
Date of Issue
Portfolio & Rebate
Liability Report
Last Updated:
12/31/11
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
75%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
07/01/10
07/07/10
07/15/10
07/20/10
07/20/10
07/31/10
08/01/10
08/01/10
08/01/10
08/01/10
08/01/10
08/01/10
08/01/10
08/01/10
08/01/10
08/15/10
08/15/10
08/20/10
08/31/10
09/01/10
09/01/10
09/01/10
09/01/10
09/01/10
09/01/10
09/22/10
09/22/10
09/24/10
09/30/10
09/30/10
10/01/10
10/01/10
10/01/10
10/01/10
10/31/10
11/01/10
11/01/10
11/01/10
11/01/10
11/15/10
11/30/10
12/01/10
12/01/10
12/01/10
12/01/10
12/01/10
12/01/10
12/01/10
12/01/10
12/01/10
12/01/10
12/01/10
12/01/10
12/01/10
12/01/10
12/01/10
12/01/10
12/01/10
12/01/10
12/01/10
12/01/10
Bond Proceeds
Inv ID
$1,785,239.70
23472
$162,081.95
$2,097,680.00
23474
23475
$1,427,350.18
$207,886.40
$218,706.60
EXPENSES
Projected
Actual
23559
23609
23610
$2,572,154.25
$0.00
12/31/11
Arbitrage Allowable Yield
4.331100%
Original Expense Budget
$156,092,539.15
Portfolio Return for Arbitrage Purposes
0.714554%
Current Projected Expenses
$164,085,431.83
Anticipated Arbitrage Rebate
$10,602,703.00
Total Estimated Interest Income
Investment Cost
Today's Date
$156,092,539.15
Original Interest Income:
Updated by Analyst:
Date
02/05/09
Original Bond Proceeds
Cumulative
Expenses
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$7,992,892.68
Investment Maturity Mat ID Coupons and Interest
Percent Spent
22776
$47,031.25
22668
$15,000.00
22473
22478
22508
22509
22626
22680
22870
22909
22910
22479
22493
$230.03
$192,625.00
$12,512.50
$64,000.00
$80,000.00
$16,250.00
$82,012.50
$86,250.00
$33,750.00
$33,750.00
$26,250.00
$77,500.00
$51,975.00 22546
22548
22566
23299
22474
22487
$22,575.00
$65,250.00
$21,850.00
$37,750.00
$125,000.00
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
$216.05
$204.12
22491
22547
23294
23295
22499
22679
22868
23472
22466
23158
22492
22500
22507
22512
22513
22514
$800,000.00 22514
22515
22567
22871
$375,000.00 23072
23073
23074
23105
23157
23158
23160
23356
$860,000.00 23356
$27,500.00
$100,000.00
$29,550.00
$18,750.00
$209.87
$122,000.00
$21,993.75
$31,250.00
$8,850.00
$89,875.00
$204.92
$3,687.50
$25,000.00
$27,500.00
$26,500.00
$8,606.25
$8,500.00
$8,500.00
$11,756.25
$74,900.00
$43,125.00
$3,750.00
$6,350.00
$10,687.50
$30,000.00
$2,875.00
$3,562.50
$3,812.50
$8,600.00
Page 4 of 14
$0.00
Above Arb. Line/(Below Arb. Line)
-$51,883,906.56
Weighted Average Life of Future Funded Expenses (Days)
1524
Balance
$29,383,180.67
$27,597,940.97
$27,612,940.97
$27,450,859.02
$25,353,179.02
$25,353,409.05
$25,546,034.05
$25,558,546.55
$25,622,546.55
$25,702,546.55
$25,718,796.55
$25,800,809.05
$25,887,059.05
$25,920,809.05
$25,954,559.05
$25,980,809.05
$26,058,309.05
$24,630,958.87
$24,631,174.92
$24,683,149.92
$24,705,724.92
$24,770,974.92
$24,792,824.92
$24,830,574.92
$24,955,574.92
$24,747,688.52
$24,528,981.92
$24,528,981.92
$24,529,186.04
$24,529,186.04
$24,556,686.04
$24,656,686.04
$24,686,236.04
$24,704,986.04
$24,705,195.91
$24,827,195.91
$24,849,189.66
$24,880,439.66
$24,889,289.66
$24,979,164.66
$24,979,369.58
$24,983,057.08
$25,008,057.08
$25,035,557.08
$25,062,057.08
$25,070,663.33
$25,079,163.33
$25,087,663.33
$25,887,663.33
$25,899,419.58
$25,974,319.58
$26,017,444.58
$26,396,194.58
$26,402,544.58
$26,413,232.08
$26,443,232.08
$26,446,107.08
$26,449,669.58
$26,453,482.08
$26,462,082.08
$27,322,082.08
Description
Coupon
Brown County WI CUSIP 1155116F9
Coupon
Indian Prarie SD #204 CUSIP 262608QT2
Indian Prarie SD #204 CUSIP 262608QV7
Federated Interest
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Dublin, OH School Disitrict CUSIP 26371GMC1
Federated Interest
Coupon
Coupon
Coupon
Coupon
Coupon
Arlington Heights, IL CUSIP 041447YF4
Arlington Heights, IL CUSIP 041447YG2
Expenses
Federated Interest
Coupon
Coupon
Coupon
Coupon
Federated Interest
Coupon
Coupon
Coupon
Coupon
Coupon
Federated Interest
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
CUSIP #215543JP5 Main Township HS AA+
Coupon
Coupon
Coupon
Wilmette, IL
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Schaumberg IL CUSIP 806347JJ0
WM Rainey Harper College 2009 Bonds
PMA Financial Network Inc.
Date of Issue
Portfolio & Rebate
Liability Report
Last Updated:
12/31/11
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
100%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
12/01/10
12/01/10
12/01/10
12/01/10
12/01/10
12/01/10
12/01/10
12/01/10
12/15/10
12/15/10
12/15/10
12/15/10
12/15/10
12/15/10
12/15/10
12/20/10
12/21/10
12/27/10
12/30/10
12/30/10
12/31/10
12/31/10
01/01/11
01/01/11
01/01/11
01/01/11
01/01/11
01/15/11
01/28/11
01/31/11
02/01/11
02/01/11
02/01/11
02/01/11
02/01/11
02/01/11
02/01/11
02/01/11
02/01/11
02/01/11
02/15/11
02/15/11
02/28/11
03/01/11
03/01/11
03/01/11
03/01/11
03/01/11
03/01/11
03/08/11
03/31/11
03/31/11
03/31/11
04/01/11
04/01/11
04/01/11
04/01/11
04/01/11
04/30/11
05/01/11
05/01/11
Bond Proceeds
$259,365.28
$2,242,506.67
$760,265.01
Inv ID
EXPENSES
Projected
Actual
23907
23911
23971
$2,583,155.35
$921,265.10
$425,728.00
24122
$4,510,359.07
$0.00
12/31/11
Arbitrage Allowable Yield
4.331100%
Original Expense Budget
$156,092,539.15
Portfolio Return for Arbitrage Purposes
0.714554%
Current Projected Expenses
$164,085,431.83
Anticipated Arbitrage Rebate
$10,602,703.00
Total Estimated Interest Income
Investment Cost
Today's Date
$156,092,539.15
Original Interest Income:
Updated by Analyst:
Date
02/05/09
Original Bond Proceeds
Cumulative
Expenses
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$921,265.10
$921,265.10
$921,265.10
$921,265.10
$921,265.10
$921,265.10
$921,265.10
$921,265.10
$921,265.10
$921,265.10
$921,265.10
$921,265.10
$921,265.10
$921,265.10
$921,265.10
$921,265.10
$921,265.10
$921,265.10
$921,265.10
$921,265.10
$921,265.10
$921,265.10
$921,265.10
$921,265.10
$921,265.10
$921,265.10
$921,265.10
$921,265.10
$921,265.10
$921,265.10
$921,265.10
$921,265.10
$921,265.10
$7,992,892.68
Investment Maturity Mat ID Coupons and Interest
23357
23358
23359
23360
23371
23559
23609
23610
22604
22646
22892
23301
$800,000.00 23301
23302
23303
$8,000.00
$8,050.00
$8,200.00
$11,133.06
$5,000.00
$25,400.00
$589.38
$618.13
$36,700.00
$25,875.00
$25,000.00
$8,000.00
23474
23475
$2,066.67
$26,666.67
$1,077.31
22477
22485
22497
22698
22776
22668
$181,750.00
$125,000.00
$125,000.00
$84,875.00
$47,031.25
$15,000.00
22473
22478
22508
22509
22626
22680
22870
22909
22910
$1,500,000.00 22910
22479
22493
22487
22546
22548
22566
23299
22474
22491
22547
23294
23295
$1,875,000.00 23295
22499
22679
$9,300.00
$9,150.00
$216.45
$192,625.00
$12,512.50
$64,000.00
$80,000.00
$16,250.00
$82,012.50
$86,250.00
$22,500.00
$22,500.00
$26,250.00
$77,500.00
$206.08
$125,000.00
$51,975.00
$22,575.00
$65,250.00
$19,000.00
$37,750.00
$228.62
$0.00
$27,500.00
$100,000.00
$29,550.00
$18,750.00
$237.30
$122,000.00
$21,993.75
Page 5 of 14
Percent Spent
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.56%
0.56%
0.56%
0.56%
0.56%
0.56%
0.56%
0.56%
0.56%
0.56%
0.56%
0.56%
0.56%
0.56%
0.56%
0.56%
0.56%
0.56%
0.56%
0.56%
0.56%
0.56%
0.56%
0.56%
0.56%
0.56%
0.56%
0.56%
0.56%
0.56%
0.56%
0.56%
0.56%
$0.00
Above Arb. Line/(Below Arb. Line)
-$51,883,906.56
Weighted Average Life of Future Funded Expenses (Days)
1524
Balance
$27,330,082.08
$27,338,132.08
$27,346,332.08
$27,357,465.14
$27,362,465.14
$27,387,865.14
$27,388,454.52
$27,389,072.65
$27,425,772.65
$27,451,647.65
$27,476,647.65
$27,484,647.65
$28,284,647.65
$28,293,947.65
$28,303,097.65
$28,043,732.37
$25,801,225.70
$25,040,960.69
$25,043,027.36
$25,069,694.03
$25,070,771.34
$25,070,771.34
$25,252,521.34
$25,377,521.34
$25,502,521.34
$25,587,396.34
$25,634,427.59
$25,649,427.59
$24,728,162.49
$24,728,378.94
$24,921,003.94
$24,933,516.44
$24,997,516.44
$25,077,516.44
$25,093,766.44
$25,175,778.94
$25,262,028.94
$25,284,528.94
$25,307,028.94
$26,807,028.94
$26,833,278.94
$26,910,778.94
$26,910,985.02
$27,035,985.02
$27,087,960.02
$27,110,535.02
$27,175,785.02
$27,194,785.02
$27,232,535.02
$26,806,807.02
$26,806,807.02
$26,807,035.64
$26,807,035.64
$26,834,535.64
$26,934,535.64
$26,964,085.64
$26,982,835.64
$28,857,835.64
$28,858,072.94
$28,980,072.94
$29,002,066.69
Description
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Downers Grove SD 58 CUSIP 263165GG1 Moody's Aa2
Coupon
Coupon
Olentangy Local School District Ohio
City of Columbus Ohio
Clark County Wahington School Vancouver , WA
Coupon
Coupon
Federated Interest
Coupon
Coupon
Coupon
Coupon
Coupon
Expenses
Federated Interest
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Chaska MN School District #112 CUSIP 161681RN3S&P AAA M-A1
Coupon
Coupon
Federated Interest
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Salt Lake County Utah Series CUSIP 795676MZ5
Expenses
Federated Interest
Coupon
Coupon
Coupon
Coupon
Winnebago County WI CUSIP 947603QV7
Federated Interest
Coupon
Coupon
WM Rainey Harper College 2009 Bonds
PMA Financial Network Inc.
Date of Issue
Portfolio & Rebate
Liability Report
Last Updated:
12/31/11
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
05/01/11
05/01/11
05/01/11
05/15/11
05/15/11
05/31/11
06/01/11
06/01/11
06/01/11
06/01/11
06/01/11
06/01/11
06/01/11
06/01/11
06/01/11
06/01/11
06/01/11
06/01/11
06/01/11
06/01/11
06/01/11
06/01/11
06/01/11
06/01/11
06/01/11
06/01/11
06/01/11
06/01/11
06/01/11
06/01/11
06/01/11
06/01/11
06/02/11
06/15/11
06/15/11
06/15/11
06/15/11
06/15/11
06/15/11
06/23/11
06/30/11
06/30/11
06/30/11
07/01/11
07/01/11
07/01/11
07/01/11
07/01/11
07/01/11
07/01/11
07/15/11
07/15/11
07/26/11
07/31/11
08/01/11
08/01/11
08/01/11
08/01/11
08/01/11
08/01/11
08/01/11
Bond Proceeds
$1,993,708.00
$796,589.81
Inv ID
EXPENSES
Projected
Actual
24289
24313
$4,530,682.01
$548,087.17
24551
$841,229.71
12/31/11
Arbitrage Allowable Yield
4.331100%
Original Expense Budget
$156,092,539.15
Portfolio Return for Arbitrage Purposes
0.714554%
Current Projected Expenses
$164,085,431.83
Anticipated Arbitrage Rebate
$10,602,703.00
Total Estimated Interest Income
Investment Cost
Today's Date
$156,092,539.15
Original Interest Income:
Updated by Analyst:
Date
02/05/09
Original Bond Proceeds
Cumulative
Expenses
$921,265.10
$921,265.10
$921,265.10
$921,265.10
$921,265.10
$921,265.10
$921,265.10
$921,265.10
$921,265.10
$921,265.10
$921,265.10
$921,265.10
$921,265.10
$921,265.10
$921,265.10
$921,265.10
$921,265.10
$921,265.10
$921,265.10
$921,265.10
$921,265.10
$921,265.10
$921,265.10
$921,265.10
$921,265.10
$921,265.10
$921,265.10
$921,265.10
$921,265.10
$921,265.10
$921,265.10
$921,265.10
$921,265.10
$921,265.10
$921,265.10
$921,265.10
$921,265.10
$921,265.10
$921,265.10
$1,762,494.81
$1,762,494.81
$1,762,494.81
$1,762,494.81
$1,762,494.81
$1,762,494.81
$1,762,494.81
$1,762,494.81
$1,762,494.81
$1,762,494.81
$1,762,494.81
$1,762,494.81
$1,762,494.81
$1,762,494.81
$1,762,494.81
$1,762,494.81
$1,762,494.81
$1,762,494.81
$1,762,494.81
$1,762,494.81
$1,762,494.81
$1,762,494.81
$7,992,892.68
Investment Maturity Mat ID Coupons and Interest
22868
$1,250,000.00 22868
23472
22466
22493
$31,250.00
21159
22492
22500
22507
22512
22513
22515
22567
22871
23105
23157
23158
23160
23357
23358
23359
23360
23371
23559
23609
23610
23907
23971
23073
23074
$13,275.00
$89,875.00
$0.00
$257.39
$3,687.50
$25,000.00
$27,500.00
$26,500.00
$8,606.25
$8,500.00
$11,756.25
$74,900.00
$43,125.00
$30,000.00
$2,875.00
$3,562.50
$3,812.50
$6,000.00
$6,037.50
$6,150.00
$8,350.00
$3,750.00
$25,400.00
$1,537.50
$1,612.50
$5,000.00
$18,578.13
$6,350.00
$10,687.50
22604
22646
22892
23302
23303
23911
$36,700.00
$25,875.00
$25,000.00
$9,300.00
$9,150.00
$50,000.00
23474
23475
$2,325.00
$30,000.00
$229.37
$181,750.00
$125,000.00
$125,000.00
$84,875.00
22477
22485
22497
22698
$3,395,000.00 22698
22776
$1,750,000.00 22776
22668
$1,000,000.00 22668
22473
22478
22508
22509
22626
22680
$3,645,000.00 22680
$47,031.25
$15,000.00
$284.41
$192,625.00
$12,512.50
$64,000.00
$80,000.00
$16,250.00
$82,012.50
Page 6 of 14
Percent Spent
0.56%
0.56%
0.56%
0.56%
0.56%
0.56%
0.56%
0.56%
0.56%
0.56%
0.56%
0.56%
0.56%
0.56%
0.56%
0.56%
0.56%
0.56%
0.56%
0.56%
0.56%
0.56%
0.56%
0.56%
0.56%
0.56%
0.56%
0.56%
0.56%
0.56%
0.56%
0.56%
0.56%
0.56%
0.56%
0.56%
0.56%
0.56%
0.56%
1.07%
1.07%
1.07%
1.07%
1.07%
1.07%
1.07%
1.07%
1.07%
1.07%
1.07%
1.07%
1.07%
1.07%
1.07%
1.07%
1.07%
1.07%
1.07%
1.07%
1.07%
1.07%
$0.00
Above Arb. Line/(Below Arb. Line)
-$51,883,906.56
Weighted Average Life of Future Funded Expenses (Days)
1524
Balance
$29,033,316.69
$30,283,316.69
$30,296,591.69
$30,386,466.69
$30,386,466.69
$30,386,724.08
$30,390,411.58
$30,415,411.58
$30,442,911.58
$30,469,411.58
$30,478,017.83
$30,486,517.83
$30,498,274.08
$30,573,174.08
$30,616,299.08
$30,646,299.08
$30,649,174.08
$30,652,736.58
$30,656,549.08
$30,662,549.08
$30,668,586.58
$30,674,736.58
$30,683,086.58
$30,686,836.58
$30,712,236.58
$30,713,774.08
$30,715,386.58
$30,720,386.58
$30,738,964.71
$30,745,314.71
$30,756,002.21
$28,762,294.21
$27,965,704.40
$28,002,404.40
$28,028,279.40
$28,053,279.40
$28,062,579.40
$28,071,729.40
$28,121,729.40
$27,280,499.69
$27,282,824.69
$27,312,824.69
$27,313,054.06
$27,494,804.06
$27,619,804.06
$27,744,804.06
$27,829,679.06
$31,224,679.06
$31,271,710.31
$33,021,710.31
$33,036,710.31
$34,036,710.31
$33,488,623.14
$33,488,907.55
$33,681,532.55
$33,694,045.05
$33,758,045.05
$33,838,045.05
$33,854,295.05
$33,936,307.55
$37,581,307.55
Description
Coupon
CUSIP # 61334OD96 Montgomery County,MD AAA/Aaa
Coupon
Coupon
Coupon
Federated Interest
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Lees Summit, MO CUSIP 524282LL2
Coppell Texas Independent School Disitrict CUSIP 217489Q22
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Expenses
Coupon
Coupon
Federated Interest
Coupon
Coupon
Coupon
CUSIP #917542MT6 Utah State, S&P AAA Moody's Aaa
Coupon
CUSIP #917542KY7 Utah State, S&P AAA/Moody's Aaa
Coupon
CUSIP #953106K26 West Hartford, CT S&P AAA Moody's Aaa
CUSIP 041465KB0 Arlington Heights IL Park Disitrict Moody's Aaa
Federated Interest
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
CUSIP #0104104M7 Alabama State, S&P AA Moody's Aa2
WM Rainey Harper College 2009 Bonds
PMA Financial Network Inc.
Date of Issue
Portfolio & Rebate
Liability Report
Last Updated:
12/31/11
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
08/01/11
08/01/11
08/01/11
08/15/11
08/15/11
08/31/11
09/01/11
09/01/11
09/01/11
09/01/11
09/01/11
09/01/11
09/30/11
09/30/11
10/01/11
10/01/11
10/01/11
10/06/11
10/24/11
10/25/11
10/31/11
11/01/11
11/01/11
11/01/11
11/01/11
11/15/11
11/30/11
12/01/11
12/01/11
12/01/11
12/01/11
12/01/11
12/01/11
12/01/11
12/01/11
12/01/11
12/01/11
12/01/11
12/01/11
12/01/11
12/01/11
12/01/11
12/01/11
12/01/11
12/01/11
12/01/11
12/01/11
12/01/11
12/01/11
12/01/11
12/01/11
12/01/11
12/01/11
12/01/11
12/01/11
12/01/11
12/01/11
12/01/11
12/01/11
12/01/11
12/15/11
Bond Proceeds
Inv ID
EXPENSES
Projected
Actual
$4,550,807.33
$0.00
$199,178.39
$415,853.43
$332,894.25
25251
25252
12/31/11
Arbitrage Allowable Yield
4.331100%
Original Expense Budget
$156,092,539.15
Portfolio Return for Arbitrage Purposes
0.714554%
Current Projected Expenses
$164,085,431.83
Anticipated Arbitrage Rebate
$10,602,703.00
Total Estimated Interest Income
Investment Cost
Today's Date
$156,092,539.15
Original Interest Income:
Updated by Analyst:
Date
02/05/09
Original Bond Proceeds
Cumulative
Expenses
$1,762,494.81
$1,762,494.81
$1,762,494.81
$1,762,494.81
$1,762,494.81
$1,762,494.81
$1,762,494.81
$1,762,494.81
$1,762,494.81
$1,762,494.81
$1,762,494.81
$1,762,494.81
$1,762,494.81
$1,762,494.81
$1,762,494.81
$1,762,494.81
$1,762,494.81
$1,961,673.20
$1,961,673.20
$1,961,673.20
$1,961,673.20
$1,961,673.20
$1,961,673.20
$1,961,673.20
$1,961,673.20
$1,961,673.20
$1,961,673.20
$1,961,673.20
$1,961,673.20
$1,961,673.20
$1,961,673.20
$1,961,673.20
$1,961,673.20
$1,961,673.20
$1,961,673.20
$1,961,673.20
$1,961,673.20
$1,961,673.20
$1,961,673.20
$1,961,673.20
$1,961,673.20
$1,961,673.20
$1,961,673.20
$1,961,673.20
$1,961,673.20
$1,961,673.20
$1,961,673.20
$1,961,673.20
$1,961,673.20
$1,961,673.20
$1,961,673.20
$1,961,673.20
$1,961,673.20
$1,961,673.20
$1,961,673.20
$1,961,673.20
$1,961,673.20
$1,961,673.20
$1,961,673.20
$1,961,673.20
$1,961,673.20
$7,992,892.68
Investment Maturity Mat ID Coupons and Interest
22870
$3,000,000.00 22870
22909
22479
22493
22487
22546
22548
22566
23299
22474
22491
$100,000.00 22547
23294
22499
22679
$1,035,000.00 22679
23472
22466
$635,000.00 23073
23074
21159
22492
22500
22507
22512
23073
$800,000.00 22513
22515
22567
22871
$2,000,000.00 23105
23105
$230,000.00 23157
23157
23158
23160
23357
$800,000.00 23357
23358
23359
23360
23371
$500,000.00 23371
23559
23609
23610
23907
$250,000.00 23907
23971
$725,000.00 23971
24551
22604
$86,250.00
$22,500.00
$26,250.00
$77,500.00
$344.92
$125,000.00
$51,975.00
$22,575.00
$65,250.00
$19,000.00
$37,750.00
$336.60
$27,500.00
$29,550.00
$346.26
$122,000.00
$21,993.75
$13,275.00
$89,875.00
$340.38
$10,687.50
$3,687.50
$25,000.00
$27,500.00
$26,500.00
$8,606.25
$6,350.00
$8,500.00
$11,756.25
$74,900.00
$43,125.00
$30,000.00
$2,875.00
$3,562.50
$3,812.50
$6,000.00
$6,037.50
$6,150.00
$8,350.00
$3,750.00
$25,400.00
$1,537.50
$1,612.50
$5,000.00
$18,578.13
$5,250.00
$36,700.00
Page 7 of 14
Percent Spent
1.07%
1.07%
1.07%
1.07%
1.07%
1.07%
1.07%
1.07%
1.07%
1.07%
1.07%
1.07%
1.07%
1.07%
1.07%
1.07%
1.07%
1.20%
1.20%
1.20%
1.20%
1.20%
1.20%
1.20%
1.20%
1.20%
1.20%
1.20%
1.20%
1.20%
1.20%
1.20%
1.20%
1.20%
1.20%
1.20%
1.20%
1.20%
1.20%
1.20%
1.20%
1.20%
1.20%
1.20%
1.20%
1.20%
1.20%
1.20%
1.20%
1.20%
1.20%
1.20%
1.20%
1.20%
1.20%
1.20%
1.20%
1.20%
1.20%
1.20%
1.20%
$0.00
Above Arb. Line/(Below Arb. Line)
-$51,883,906.56
Weighted Average Life of Future Funded Expenses (Days)
1524
Balance
$37,667,557.55
$40,667,557.55
$40,690,057.55
$40,716,307.55
$40,793,807.55
$40,794,152.47
$40,919,152.47
$40,971,127.47
$40,993,702.47
$41,058,952.47
$41,077,952.47
$41,115,702.47
$41,116,039.07
$41,116,039.07
$41,143,539.07
$41,243,539.07
$41,273,089.07
$41,073,910.68
$40,658,057.25
$40,325,163.00
$40,325,509.26
$40,447,509.26
$40,469,503.01
$41,504,503.01
$41,517,778.01
$41,607,653.01
$41,607,993.39
$42,242,993.39
$42,253,680.89
$42,257,368.39
$42,282,368.39
$42,309,868.39
$42,336,368.39
$42,344,974.64
$42,351,324.64
$43,159,824.64
$43,171,580.89
$43,246,480.89
$43,289,605.89
$45,289,605.89
$45,319,605.89
$45,549,605.89
$45,552,480.89
$45,556,043.39
$45,559,855.89
$45,565,855.89
$46,365,855.89
$46,371,893.39
$46,378,043.39
$46,386,393.39
$46,390,143.39
$46,890,143.39
$46,915,543.39
$46,917,080.89
$46,918,693.39
$46,923,693.39
$47,173,693.39
$47,192,271.52
$47,917,271.52
$47,922,521.52
$47,959,221.52
Description
Coupon
CUSIP #373383GB8 Georgia State S&P AAA/Moody's Aaa
Coupon
Coupon
Coupon
Federated Interest
Coupon
Coupon
Coupon
Coupon
Federated Interest
Coupon
Coupon
Coupon
Expenses
Savage, MN RE & IMPT-Ser D CUSIP 80465PBF0
Collierville, TN REF CUSIP 194702VU7
Federated Interest
Coupon
Coupon
CUSIP #262651RW4 DuPage County Forest Preserve AAA/Aaa
Coupon
Coupon
Federated Interest
Wilmette, IL
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
CUSIP #215543JQ3 Main Township HS AA+
Coupon
Coupon
Coupon
Schaumberg SD #54 CUSIP 213561RH8 S&P AA
Coupon
Mount Prospect CUSIP #622826SA4 S&P AA
Coupon
Coupon
Coupon
Coupon
Schaumberg IL CUSIP 806347JK7
Coupon
Coupon
Coupon
Coupon
Naperville IL CUSIP 630412TA2
Coupon
Coupon
Coupon
Coupon
Olentangy Local School District Ohio
Coupon
Clark County Wahington School Vancouver , WA
Coupon
Coupon
WM Rainey Harper College 2009 Bonds
PMA Financial Network Inc.
Date of Issue
Portfolio & Rebate
Liability Report
Last Updated:
12/31/11
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
12/15/11
12/15/11
12/15/11
12/15/11
12/15/11
12/15/11
12/15/11
12/20/11
12/31/11
12/31/11
01/01/12
01/01/12
01/03/12
01/03/12
01/01/12
02/01/12
02/01/12
02/01/12
02/01/12
02/01/12
02/01/12
02/01/12
02/15/12
02/15/12
02/15/12
03/01/12
03/01/12
03/01/12
03/01/12
03/01/12
03/01/12
03/01/12
03/01/12
03/31/12
04/01/12
04/01/12
04/01/12
04/01/12
04/01/12
04/01/12
05/01/12
05/01/12
05/15/12
06/01/12
06/01/12
06/01/12
06/01/12
06/01/12
06/01/12
06/01/12
06/01/12
06/01/12
06/01/12
06/01/12
06/01/12
06/01/12
06/01/12
06/01/12
06/01/12
06/01/12
06/15/12
Bond Proceeds
$3,292,393.33
Inv ID
EXPENSES
Projected
Actual
25733
$4,570,522.29
$4,618,232.95
$0.00
12/31/11
Arbitrage Allowable Yield
4.331100%
Original Expense Budget
$156,092,539.15
Portfolio Return for Arbitrage Purposes
0.714554%
Current Projected Expenses
$164,085,431.83
Anticipated Arbitrage Rebate
Total Estimated Interest Income
Investment Cost
Today's Date
$156,092,539.15
Original Interest Income:
Updated by Analyst:
Date
02/05/09
Original Bond Proceeds
Cumulative
Expenses
$1,961,673.20
$1,961,673.20
$1,961,673.20
$1,961,673.20
$1,961,673.20
$1,961,673.20
$1,961,673.20
$1,961,673.20
$1,961,673.20
$1,961,673.20
$1,961,673.20
$1,961,673.20
$1,961,673.20
$1,961,673.20
$1,961,673.20
$1,961,673.20
$1,961,673.20
$1,961,673.20
$1,961,673.20
$1,961,673.20
$1,961,673.20
$1,961,673.20
$1,961,673.20
$1,961,673.20
$1,961,673.20
$1,961,673.20
$1,961,673.20
$1,961,673.20
$1,961,673.20
$1,961,673.20
$1,961,673.20
$1,961,673.20
$1,961,673.20
$6,579,906.15
$6,579,906.15
$6,579,906.15
$6,579,906.15
$6,579,906.15
$6,579,906.15
$6,579,906.15
$6,579,906.15
$6,579,906.15
$6,579,906.15
$6,579,906.15
$6,579,906.15
$6,579,906.15
$6,579,906.15
$6,579,906.15
$6,579,906.15
$6,579,906.15
$6,579,906.15
$6,579,906.15
$6,579,906.15
$6,579,906.15
$6,579,906.15
$6,579,906.15
$6,579,906.15
$6,579,906.15
$6,579,906.15
$6,579,906.15
$6,579,906.15
$10,602,703.00
$7,992,892.68
Investment Maturity Mat ID Coupons and Interest
22646
22892
23302
23303
$915,000.00 23303
23911
24122
$25,875.00
$25,000.00
$9,300.00
$9,150.00
22477
22485
23474
23475
22497
22473
22478
22508
22509
22626
22909
$1,500,000.00 22909
22479
22493
24313
22487
$51,975.00 22546
22548
22566
23299
$1,900,000.00 23299
$181,750.00
$125,000.00
$2,325.00
$30,000.00
$125,000.00
$192,625.00
$12,512.50
$64,000.00
$80,000.00
$16,250.00
$22,500.00
$50,000.00
$12,311.11
$2,360.02
$26,500.00
$77,500.00
$12,148.89
$125,000.00
$22,575.00
$65,250.00
$19,000.00
$410,000.00 25251
$6,150.00
22473
22491
$100,000.00 22547
$3,940,000.00 23294
24289
25252
22499
23472
22466
21159
22492
22500
22507
22512
22515
$74,900.00 22567
22871
23158
23160
23358
23359
23360
23559
23609
23610
24551
22604
$192,625.00
$27,500.00
$47,500.00
$2,816.67
$122,000.00
$13,275.00
$89,875.00
$3,687.50
$25,000.00
$27,500.00
$26,500.00
$8,606.25
$11,756.25
$43,125.00
$3,687.50
$3,812.50
$6,037.50
$6,150.00
$8,350.00
$25,400.00
$1,537.50
$1,612.50
$5,250.00
$36,700.00
Page 8 of 14
Percent Spent
1.20%
1.20%
1.20%
1.20%
1.20%
1.20%
1.20%
1.20%
1.20%
1.20%
1.20%
1.20%
1.20%
1.20%
1.20%
1.20%
1.20%
1.20%
1.20%
1.20%
1.20%
1.20%
1.20%
1.20%
1.20%
1.20%
1.20%
1.20%
1.20%
1.20%
1.20%
1.20%
1.20%
4.01%
4.01%
4.01%
4.01%
4.01%
4.01%
4.01%
4.01%
4.01%
4.01%
4.01%
4.01%
4.01%
4.01%
4.01%
4.01%
4.01%
4.01%
4.01%
4.01%
4.01%
4.01%
4.01%
4.01%
4.01%
4.01%
4.01%
4.01%
$0.00
Above Arb. Line/(Below Arb. Line)
-$51,883,906.56
Weighted Average Life of Future Funded Expenses (Days)
1524
Balance
$47,985,096.52
$48,010,096.52
$48,019,396.52
$48,028,546.52
$48,943,546.52
$48,993,546.52
$49,005,857.63
$45,713,464.30
$45,715,824.32
$45,715,824.32
$45,897,574.32
$46,022,574.32
$46,024,899.32
$46,054,899.32
$46,179,899.32
$46,372,524.32
$46,385,036.82
$46,449,036.82
$46,529,036.82
$46,545,286.82
$46,567,786.82
$48,067,786.82
$48,094,286.82
$48,171,786.82
$48,183,935.71
$48,308,935.71
$48,360,910.71
$48,383,485.71
$48,448,735.71
$48,467,735.71
$50,367,735.71
$50,367,735.71
$50,783,885.71
$46,165,652.76
$46,358,277.76
$46,385,777.76
$46,485,777.76
$50,425,777.76
$50,473,277.76
$50,476,094.43
$50,598,094.43
$50,611,369.43
$50,701,244.43
$50,704,931.93
$50,729,931.93
$50,757,431.93
$50,783,931.93
$50,792,538.18
$50,804,294.43
$50,879,194.43
$50,922,319.43
$50,926,006.93
$50,929,819.43
$50,935,856.93
$50,942,006.93
$50,950,356.93
$50,975,756.93
$50,977,294.43
$50,978,906.93
$50,984,156.93
$51,020,856.93
Description
Coupon
Coupon
Coupon
Coupon
Downers Grove SD 58 CUSIP 263165GH9 Moody's Aa2
Coupon
Coupon
Stamford CT, CUSIP 852634EW0
Federated Interest
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Chaska MN School District #112 CUSIP 161681RP8S&P AAA M-A1
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Washigton County Utah SD St. George CUSIP 938718XQ1
Coupon
Savage, MN RE & IMPT-Ser D CUSIP 80465PBF0
Coupon
Coupon
Coupon
Winnebago County WI CUSIP 947603QW5
Coupon
Collierville, TN REF CUSIP 194702VU7
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
WM Rainey Harper College 2009 Bonds
PMA Financial Network Inc.
Date of Issue
Portfolio & Rebate
Liability Report
Last Updated:
12/31/11
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
06/15/12
06/15/12
06/15/12
06/15/12
06/15/12
06/15/12
06/30/12
06/30/12
06/30/12
07/01/12
07/01/12
07/01/12
08/01/12
08/01/12
08/01/12
08/01/12
08/01/12
08/15/12
08/15/12
08/15/12
09/01/12
09/01/12
09/01/12
09/01/12
09/01/12
09/30/12
10/01/12
10/01/12
10/01/12
10/01/12
10/01/12
11/01/12
11/01/12
11/15/12
12/01/12
12/01/12
12/01/12
12/01/12
12/01/12
12/01/12
12/01/12
12/01/12
12/01/12
12/01/12
12/01/12
12/01/12
12/01/12
12/01/12
12/01/12
12/01/12
12/01/12
12/01/12
12/01/12
12/01/12
12/01/12
12/15/12
12/15/12
12/15/12
12/15/12
12/15/12
12/15/12
Bond Proceeds
Inv ID
EXPENSES
Projected
Actual
$4,639,785.78
$4,661,110.53
12/31/11
Arbitrage Allowable Yield
4.331100%
Original Expense Budget
$156,092,539.15
Portfolio Return for Arbitrage Purposes
0.714554%
Current Projected Expenses
$164,085,431.83
Anticipated Arbitrage Rebate
$10,602,703.00
Total Estimated Interest Income
Investment Cost
Today's Date
$156,092,539.15
Original Interest Income:
Updated by Analyst:
Date
02/05/09
Original Bond Proceeds
Cumulative
Expenses
$6,579,906.15
$6,579,906.15
$6,579,906.15
$6,579,906.15
$6,579,906.15
$6,579,906.15
$6,579,906.15
$6,579,906.15
$11,219,691.93
$11,219,691.93
$11,219,691.93
$11,219,691.93
$11,219,691.93
$11,219,691.93
$11,219,691.93
$11,219,691.93
$11,219,691.93
$11,219,691.93
$11,219,691.93
$11,219,691.93
$11,219,691.93
$11,219,691.93
$11,219,691.93
$11,219,691.93
$11,219,691.93
$15,880,802.46
$15,880,802.46
$15,880,802.46
$15,880,802.46
$15,880,802.46
$15,880,802.46
$15,880,802.46
$15,880,802.46
$15,880,802.46
$15,880,802.46
$15,880,802.46
$15,880,802.46
$15,880,802.46
$15,880,802.46
$15,880,802.46
$15,880,802.46
$15,880,802.46
$15,880,802.46
$15,880,802.46
$15,880,802.46
$15,880,802.46
$15,880,802.46
$15,880,802.46
$15,880,802.46
$15,880,802.46
$15,880,802.46
$15,880,802.46
$15,880,802.46
$15,880,802.46
$15,880,802.46
$15,880,802.46
$15,880,802.46
$15,880,802.46
$15,880,802.46
$15,880,802.46
$15,880,802.46
$7,992,892.68
Investment Maturity Mat ID Coupons and Interest
Percent Spent
22646
22892
23302
23911
24122
4.01%
4.01%
4.01%
4.01%
4.01%
4.01%
4.01%
4.01%
6.84%
6.84%
6.84%
6.84%
6.84%
6.84%
6.84%
6.84%
6.84%
6.84%
6.84%
6.84%
6.84%
6.84%
6.84%
6.84%
6.84%
9.68%
9.68%
9.68%
9.68%
9.68%
9.68%
9.68%
9.68%
9.68%
9.68%
9.68%
9.68%
9.68%
9.68%
9.68%
9.68%
9.68%
9.68%
9.68%
9.68%
9.68%
9.68%
9.68%
9.68%
9.68%
9.68%
9.68%
9.68%
9.68%
9.68%
9.68%
9.68%
9.68%
9.68%
9.68%
9.68%
23474
23475
$25,875.00
$25,000.00
$9,300.00
$50,000.00
$8,000.00
$75,000.00
$2,325.00
$30,000.00
22477
22485
22497
$7,705,000.00 22473
22478
22508
22509
22626
22479
22493
24313
22487
$51,975.00 22546
22548
22566
$181,750.00
$125,000.00
$125,000.00
$192,625.00
$12,512.50
$64,000.00
$80,000.00
$16,250.00
$26,500.00
$77,500.00
$7,700.00
$125,000.00
22491
$4,000,000.00 22547
$100,000.00 22547
24289
25252
22499
23472
22466
21159
22492
22500
22507
22512
$810,000.00 22512
22515
$74,900.00 22567
22871
$1,500,000.00 22871
23158
23160
23358
$805,000.00 23358
23359
23360
23559
$205,000.00 23609
23609
23610
24551
22604
22646
22892
23302
$930,000.00 23302
23911
$27,500.00
$22,575.00
$65,250.00
$28,500.00
$3,250.00
$122,000.00
$13,275.00
$89,875.00
$3,687.50
$25,000.00
$27,500.00
$26,500.00
$8,606.25
$8,606.25
$11,756.25
$43,125.00
$3,687.50
$3,812.50
$6,037.50
$6,150.00
$8,350.00
$25,400.00
$1,537.50
$1,612.50
$5,250.00
$36,700.00
$25,875.00
$25,000.00
$9,300.00
$50,000.00
Page 9 of 14
$0.00
Above Arb. Line/(Below Arb. Line)
-$51,883,906.56
Weighted Average Life of Future Funded Expenses (Days)
1524
Balance
$51,046,731.93
$51,071,731.93
$51,081,031.93
$51,131,031.93
$51,139,031.93
$51,214,031.93
$51,216,356.93
$51,246,356.93
$46,606,571.15
$46,788,321.15
$46,913,321.15
$47,038,321.15
$54,935,946.15
$54,948,458.65
$55,012,458.65
$55,092,458.65
$55,108,708.65
$55,135,208.65
$55,212,708.65
$55,220,408.65
$55,345,408.65
$55,397,383.65
$55,419,958.65
$55,485,208.65
$55,485,208.65
$50,824,098.12
$50,851,598.12
$54,851,598.12
$54,951,598.12
$54,980,098.12
$54,983,348.12
$55,105,348.12
$55,118,623.12
$55,208,498.12
$55,212,185.62
$55,237,185.62
$55,264,685.62
$55,291,185.62
$55,299,791.87
$56,118,398.12
$56,130,154.37
$56,205,054.37
$56,248,179.37
$57,748,179.37
$57,751,866.87
$57,755,679.37
$57,761,716.87
$58,566,716.87
$58,572,866.87
$58,581,216.87
$58,606,616.87
$58,811,616.87
$58,813,154.37
$58,814,766.87
$58,820,016.87
$58,856,716.87
$58,882,591.87
$58,907,591.87
$58,916,891.87
$59,846,891.87
$59,896,891.87
Description
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
CUSIP # 64966GYV8 New York City, NY S&P AA / Moody's Aa3
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
CUSIP #3733832W7 Georgia, Moody's Aaa S&P AAA
Coupon
Coupon
Collierville, TN REF CUSIP 194702VU7
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
CUSIP #215543JR1 Main Township HS, AA+
Coupon
Coupon
Coupon
CUSIP # 509076AL9 Lake County Sch Dist 112 S&P AAA/AA1
Coupon
Coupon
Coupon
Schaumberg IL CUSIP806347JJL5
Coupon
Coupon
Coupon
Arlington Heights, IL CUSIP 041447YF4
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Downers Grove SD 58 CUSIP 263165GJ5 Moody's Aa2
Coupon
WM Rainey Harper College 2009 Bonds
PMA Financial Network Inc.
Date of Issue
Portfolio & Rebate
Liability Report
Last Updated:
12/31/11
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
12/15/12
12/15/12
12/30/12
12/30/12
12/30/12
12/31/12
01/01/13
01/01/13
01/01/13
02/01/13
02/01/13
02/01/13
02/01/13
02/15/13
02/15/13
02/15/13
02/15/13
02/15/13
03/01/13
03/01/13
03/01/13
03/01/13
03/01/13
03/01/13
03/31/13
04/01/13
04/01/13
04/01/13
04/01/13
05/01/13
05/01/13
05/15/13
06/01/13
06/01/13
06/01/13
06/01/13
06/01/13
06/01/13
06/01/13
06/01/13
06/01/13
06/01/13
06/01/13
06/01/13
06/01/13
06/15/13
06/15/13
06/15/13
06/15/13
06/15/13
06/30/13
06/30/13
07/01/13
07/01/13
07/01/13
07/01/13
07/01/13
08/01/13
08/01/13
08/01/13
08/01/13
Bond Proceeds
Inv ID
EXPENSES
Projected
Actual
$4,681,982.64
$4,736,194.29
$4,758,560.66
12/31/11
Arbitrage Allowable Yield
4.331100%
Original Expense Budget
$156,092,539.15
Portfolio Return for Arbitrage Purposes
0.714554%
Current Projected Expenses
$164,085,431.83
Anticipated Arbitrage Rebate
$10,602,703.00
Total Estimated Interest Income
Investment Cost
Today's Date
$156,092,539.15
Original Interest Income:
Updated by Analyst:
Date
02/05/09
Original Bond Proceeds
Cumulative
Expenses
$15,880,802.46
$15,880,802.46
$15,880,802.46
$15,880,802.46
$15,880,802.46
$20,562,785.10
$20,562,785.10
$20,562,785.10
$20,562,785.10
$20,562,785.10
$20,562,785.10
$20,562,785.10
$20,562,785.10
$20,562,785.10
$20,562,785.10
$20,562,785.10
$20,562,785.10
$20,562,785.10
$20,562,785.10
$20,562,785.10
$20,562,785.10
$20,562,785.10
$20,562,785.10
$20,562,785.10
$25,298,979.39
$25,298,979.39
$25,298,979.39
$25,298,979.39
$25,298,979.39
$25,298,979.39
$25,298,979.39
$25,298,979.39
$25,298,979.39
$25,298,979.39
$25,298,979.39
$25,298,979.39
$25,298,979.39
$25,298,979.39
$25,298,979.39
$25,298,979.39
$25,298,979.39
$25,298,979.39
$25,298,979.39
$25,298,979.39
$25,298,979.39
$25,298,979.39
$25,298,979.39
$25,298,979.39
$25,298,979.39
$25,298,979.39
$25,298,979.39
$30,057,540.05
$30,057,540.05
$30,057,540.05
$30,057,540.05
$30,057,540.05
$30,057,540.05
$30,057,540.05
$30,057,540.05
$30,057,540.05
$30,057,540.05
$7,992,892.68
Investment Maturity Mat ID Coupons and Interest
24122
25733
23474
$155,000.00 23474
23475
$8,000.00
$75,000.00
$2,325.00
22477
22485
22497
22478
22508
22509
22626
22479
22479
22493
22493
24313
22487
22487
22546
22548
22566
$181,750.00
$125,000.00
$125,000.00
$12,512.50
$64,000.00
$80,000.00
$16,250.00
22491
24289
$1,900,000.00 24289
$325,000.00 25252
22499
23472
22466
21159
22487
22492
22500
22507
22515
$74,900.00 22567
23158
23160
23359
23360
23610
24551
22604
22646
22892
23911
25733
23475
$27,500.00
$28,500.00
$875,000.00
$3,100,000.00
$5,000,000.00
$51,975.00
$7,270,000.00 22477
22477
22485
22497
$5,000,000.00 22497
22478
22508
22509
22626
$30,000.00
$26,500.00
$77,500.00
$7,700.00
$125,000.00
$22,575.00
$65,250.00
$3,250.00
$122,000.00
$13,275.00
$89,875.00
$3,687.50
$125,000.00
$25,000.00
$27,500.00
$26,500.00
$11,756.25
$3,687.50
$3,812.50
$6,150.00
$8,350.00
$1,612.50
$5,250.00
$36,700.00
$25,875.00
$25,000.00
$50,000.00
$75,000.00
$30,000.00
$181,750.00
$125,000.00
$125,000.00
$12,512.50
$64,000.00
$80,000.00
$16,250.00
Page 10 of 14
Percent Spent
9.68%
9.68%
9.68%
9.68%
9.68%
12.53%
12.53%
12.53%
12.53%
12.53%
12.53%
12.53%
12.53%
12.53%
12.53%
12.53%
12.53%
12.53%
12.53%
12.53%
12.53%
12.53%
12.53%
12.53%
15.42%
15.42%
15.42%
15.42%
15.42%
15.42%
15.42%
15.42%
15.42%
15.42%
15.42%
15.42%
15.42%
15.42%
15.42%
15.42%
15.42%
15.42%
15.42%
15.42%
15.42%
15.42%
15.42%
15.42%
15.42%
15.42%
15.42%
18.32%
18.32%
18.32%
18.32%
18.32%
18.32%
18.32%
18.32%
18.32%
18.32%
$0.00
Above Arb. Line/(Below Arb. Line)
-$51,883,906.56
Weighted Average Life of Future Funded Expenses (Days)
1524
Balance
$59,904,891.87
$59,979,891.87
$59,982,216.87
$60,137,216.87
$60,167,216.87
$55,485,234.23
$55,666,984.23
$55,791,984.23
$55,916,984.23
$55,929,496.73
$55,993,496.73
$56,073,496.73
$56,089,746.73
$56,964,746.73
$56,991,246.73
$57,068,746.73
$60,168,746.73
$60,176,446.73
$65,176,446.73
$65,301,446.73
$65,353,421.73
$65,375,996.73
$65,441,246.73
$65,441,246.73
$60,705,052.44
$60,732,552.44
$60,761,052.44
$62,661,052.44
$62,989,302.44
$63,111,302.44
$63,124,577.44
$63,214,452.44
$63,218,139.94
$63,343,139.94
$63,368,139.94
$63,395,639.94
$63,422,139.94
$63,433,896.19
$63,508,796.19
$63,512,483.69
$63,516,296.19
$63,522,446.19
$63,530,796.19
$63,532,408.69
$63,537,658.69
$63,574,358.69
$63,600,233.69
$63,625,233.69
$63,675,233.69
$63,750,233.69
$63,780,233.69
$59,021,673.03
$66,291,673.03
$66,473,423.03
$66,598,423.03
$66,723,423.03
$71,723,423.03
$71,735,935.53
$71,799,935.53
$71,879,935.53
$71,896,185.53
Description
Coupon
Coupon
Coupon
Indian Prarie SD #204 CUSIP 262608QT2
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
CUSIP # 646039FS1 New Jersey S&P AA/Moody's Aa3
Coupon
Coupon
CUSIP # 487694DT5 Keller School, TX S&P AA/Moody's Aa3
Coupon
CUSIP # 930863N68 Wake County, NC S&P AAA/Moody's Aaa
Coupon
Coupon
Coupon
Coupon
Coupon
Lees Summit, MO CUSIP 524282LL2
Collierville, TN REF CUSIP 194702VU7
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
CUSIP # 93974BFB3 Washington S&P AA/Moody's Aa1
Coupon
Coupon
CUSIP # 4197800S69 Hawaii S&P AA/Moody's Aa2
Coupon
Coupon
Coupon
Coupon
WM Rainey Harper College 2009 Bonds
PMA Financial Network Inc.
Date of Issue
Portfolio & Rebate
Liability Report
Last Updated:
12/31/11
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
08/15/13
08/15/13
09/01/13
09/01/13
09/01/13
09/01/13
09/30/13
10/01/13
11/01/13
11/01/13
11/15/13
12/01/13
12/01/13
12/01/13
12/01/13
12/01/13
12/01/13
12/01/13
12/01/13
12/01/13
12/01/13
12/01/13
12/01/13
12/01/13
12/01/13
12/01/13
12/01/13
12/01/13
12/15/13
12/15/13
12/15/13
12/15/13
12/15/13
12/15/13
12/30/13
12/31/13
01/01/14
02/01/14
02/01/14
02/01/14
02/01/14
02/01/14
03/01/14
03/01/14
03/01/14
03/01/14
03/31/14
04/01/14
05/01/14
05/01/14
05/15/14
06/01/14
06/01/14
06/01/14
06/01/14
06/01/14
06/01/14
06/01/14
06/01/14
06/15/14
06/15/14
Bond Proceeds
Inv ID
EXPENSES
Projected
Actual
$4,780,674.12
$4,802,302.62
$4,856,118.34
12/31/11
Arbitrage Allowable Yield
4.331100%
Original Expense Budget
$156,092,539.15
Portfolio Return for Arbitrage Purposes
0.714554%
Current Projected Expenses
$164,085,431.83
Anticipated Arbitrage Rebate
$10,602,703.00
Total Estimated Interest Income
Investment Cost
Today's Date
$156,092,539.15
Original Interest Income:
Updated by Analyst:
Date
02/05/09
Original Bond Proceeds
Cumulative
Expenses
$30,057,540.05
$30,057,540.05
$30,057,540.05
$30,057,540.05
$30,057,540.05
$30,057,540.05
$34,838,214.17
$34,838,214.17
$34,838,214.17
$34,838,214.17
$34,838,214.17
$34,838,214.17
$34,838,214.17
$34,838,214.17
$34,838,214.17
$34,838,214.17
$34,838,214.17
$34,838,214.17
$34,838,214.17
$34,838,214.17
$34,838,214.17
$34,838,214.17
$34,838,214.17
$34,838,214.17
$34,838,214.17
$34,838,214.17
$34,838,214.17
$34,838,214.17
$34,838,214.17
$34,838,214.17
$34,838,214.17
$34,838,214.17
$34,838,214.17
$34,838,214.17
$34,838,214.17
$39,640,516.79
$39,640,516.79
$39,640,516.79
$39,640,516.79
$39,640,516.79
$39,640,516.79
$39,640,516.79
$39,640,516.79
$39,640,516.79
$39,640,516.79
$39,640,516.79
$44,496,635.13
$44,496,635.13
$44,496,635.13
$44,496,635.13
$44,496,635.13
$44,496,635.13
$44,496,635.13
$44,496,635.13
$44,496,635.13
$44,496,635.13
$44,496,635.13
$44,496,635.13
$44,496,635.13
$44,496,635.13
$44,496,635.13
$7,992,892.68
Investment Maturity Mat ID Coupons and Interest
24313
$770,000.00 24313
$51,975.00 22546
22548
22566
$7,700.00
$22,575.00
$65,250.00
22491
22499
23472
22466
21159
22492
22500
22507
22515
22567
23158
23158
23160
23359
23359
23360
23559
23610
23610
24551
24551
22604
22646
22892
23911
23911
25733
23475
$27,500.00
$122,000.00
$13,275.00
$89,875.00
$3,687.50
$25,000.00
$27,500.00
$26,500.00
$11,756.25
22485
22478
$455,000.00 22478
22508
22509
22626
$1,510,000.00 22474
$51,975.00 22546
22548
22566
$125,000.00
$12,512.50
22491
22499
23472
22466
21159
22492
22500
22507
22515
$74,900.00 22567
23160
23360
22604
22646
$27,500.00
$122,000.00
$13,275.00
$89,875.00
$3,687.50
$25,000.00
$27,500.00
$26,500.00
$11,756.25
$74,900.00
$285,000.00
$820,000.00
$1,270,000.00
$215,000.00
$525,000.00
$2,000,000.00
$3,687.50
$3,812.50
$6,150.00
$8,350.00
$25,400.00
$1,612.50
$5,250.00
$36,700.00
$25,875.00
$25,000.00
$50,000.00
$75,000.00
$30,000.00
$64,000.00
$80,000.00
$16,250.00
$37,750.00
$22,575.00
$65,250.00
$3,812.50
$8,350.00
$36,700.00
$25,875.00
Page 11 of 14
Percent Spent
18.32%
18.32%
18.32%
18.32%
18.32%
18.32%
21.23%
21.23%
21.23%
21.23%
21.23%
21.23%
21.23%
21.23%
21.23%
21.23%
21.23%
21.23%
21.23%
21.23%
21.23%
21.23%
21.23%
21.23%
21.23%
21.23%
21.23%
21.23%
21.23%
21.23%
21.23%
21.23%
21.23%
21.23%
21.23%
24.16%
24.16%
24.16%
24.16%
24.16%
24.16%
24.16%
24.16%
24.16%
24.16%
24.16%
27.12%
27.12%
27.12%
27.12%
27.12%
27.12%
27.12%
27.12%
27.12%
27.12%
27.12%
27.12%
27.12%
27.12%
27.12%
$0.00
Above Arb. Line/(Below Arb. Line)
-$51,883,906.56
Weighted Average Life of Future Funded Expenses (Days)
1524
Balance
$71,903,885.53
$72,673,885.53
$72,725,860.53
$72,748,435.53
$72,813,685.53
$72,813,685.53
$68,033,011.41
$68,060,511.41
$68,182,511.41
$68,195,786.41
$68,285,661.41
$68,289,348.91
$68,314,348.91
$68,341,848.91
$68,368,348.91
$68,380,105.16
$68,455,005.16
$68,740,005.16
$68,743,692.66
$68,747,505.16
$68,753,655.16
$69,573,655.16
$69,582,005.16
$70,877,405.16
$71,092,405.16
$71,094,017.66
$71,099,267.66
$71,624,267.66
$71,660,967.66
$71,686,842.66
$71,711,842.66
$71,761,842.66
$73,761,842.66
$73,836,842.66
$73,866,842.66
$69,064,540.04
$69,189,540.04
$69,202,052.54
$69,657,052.54
$69,721,052.54
$69,801,052.54
$69,817,302.54
$71,365,052.54
$71,417,027.54
$71,439,602.54
$71,504,852.54
$66,648,734.20
$66,676,234.20
$66,798,234.20
$66,811,509.20
$66,901,384.20
$66,905,071.70
$66,930,071.70
$66,957,571.70
$66,984,071.70
$66,995,827.95
$67,070,727.95
$67,074,540.45
$67,082,890.45
$67,119,590.45
$67,145,465.45
Description
Coupon
Coppell Texas Independent School Disitrict CUSIP 217489Q22
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Mount Prospect CUSIP #622826SC0 S&P AA
Coupon
Coupon
Coupon
Schaumberg IL CUSIP806347JM3
Coupon
Dublin School District CUSIP 26371GMC1
Arlington Heights, IL CUSIP 041447YG2
Coupon
Coupon
CUSIP 041465KB0 Arlington Heights IL Park Disitrict Moody's Aaa
Coupon
Coupon
Coupon
Coupon
City of Columbus Ohio
Coupon
Coupon
Coupon
Coupon
CUSIP # 709141VE2 Pennsylvania S&P AA/Moody's Aa2
Coupon
Coupon
Coupon
CUSIP # 64966EBW6 New York City, NY S&P AA/ Moody's Aa3
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
WM Rainey Harper College 2009 Bonds
PMA Financial Network Inc.
Date of Issue
Portfolio & Rebate
Liability Report
Last Updated:
12/31/11
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
06/15/14
06/30/14
06/30/14
07/01/14
07/01/14
08/01/14
08/01/14
08/01/14
09/01/14
09/01/14
09/01/14
09/30/14
10/01/14
11/01/14
11/01/14
11/01/14
11/15/14
11/15/14
12/01/14
12/01/14
12/01/14
12/01/14
12/01/14
12/01/14
12/01/14
12/01/14
12/01/14
12/01/14
12/01/14
12/15/14
12/15/14
12/15/14
12/30/14
12/30/14
12/31/14
02/01/15
02/01/15
02/01/15
03/01/15
03/01/15
03/01/15
03/31/15
04/01/15
05/01/15
06/01/15
06/01/15
06/01/15
06/01/15
06/01/15
06/01/15
06/15/15
06/15/15
06/15/15
06/15/15
06/30/15
08/01/15
08/01/15
08/01/15
08/01/15
09/01/15
09/01/15
Bond Proceeds
Inv ID
EXPENSES
Projected
Actual
$4,878,734.00
$4,901,083.06
$4,922,931.48
$4,980,915.27
$5,003,564.90
12/31/11
Arbitrage Allowable Yield
4.331100%
Original Expense Budget
$156,092,539.15
Portfolio Return for Arbitrage Purposes
0.714554%
Current Projected Expenses
$164,085,431.83
Anticipated Arbitrage Rebate
$10,602,703.00
Total Estimated Interest Income
Investment Cost
Today's Date
$156,092,539.15
Original Interest Income:
Updated by Analyst:
Date
02/05/09
Original Bond Proceeds
Cumulative
Expenses
$44,496,635.13
$44,496,635.13
$49,375,369.13
$49,375,369.13
$49,375,369.13
$49,375,369.13
$49,375,369.13
$49,375,369.13
$49,375,369.13
$49,375,369.13
$49,375,369.13
$54,276,452.19
$54,276,452.19
$54,276,452.19
$54,276,452.19
$54,276,452.19
$54,276,452.19
$54,276,452.19
$54,276,452.19
$54,276,452.19
$54,276,452.19
$54,276,452.19
$54,276,452.19
$54,276,452.19
$54,276,452.19
$54,276,452.19
$54,276,452.19
$54,276,452.19
$54,276,452.19
$54,276,452.19
$54,276,452.19
$54,276,452.19
$54,276,452.19
$54,276,452.19
$59,199,383.67
$59,199,383.67
$59,199,383.67
$59,199,383.67
$59,199,383.67
$59,199,383.67
$59,199,383.67
$64,180,298.94
$64,180,298.94
$64,180,298.94
$64,180,298.94
$64,180,298.94
$64,180,298.94
$64,180,298.94
$64,180,298.94
$64,180,298.94
$64,180,298.94
$64,180,298.94
$64,180,298.94
$64,180,298.94
$69,183,863.84
$69,183,863.84
$69,183,863.84
$69,183,863.84
$69,183,863.84
$69,183,863.84
$69,183,863.84
$7,992,892.68
Investment Maturity Mat ID Coupons and Interest
Percent Spent
22892
23475
27.12%
27.12%
30.09%
30.09%
30.09%
30.09%
30.09%
30.09%
30.09%
30.09%
30.09%
33.08%
33.08%
33.08%
33.08%
33.08%
33.08%
33.08%
33.08%
33.08%
33.08%
33.08%
33.08%
33.08%
33.08%
33.08%
33.08%
33.08%
33.08%
33.08%
33.08%
33.08%
33.08%
33.08%
36.08%
36.08%
36.08%
36.08%
36.08%
36.08%
36.08%
39.11%
39.11%
39.11%
39.11%
39.11%
39.11%
39.11%
39.11%
39.11%
39.11%
39.11%
39.11%
39.11%
42.16%
42.16%
42.16%
42.16%
42.16%
42.16%
42.16%
$5,000,000.00 22485
22485
22508
22509
22626
$51,975.00 22546
22548
22566
$25,000.00
$30,000.00
$125,000.00
$64,000.00
$80,000.00
$16,250.00
$22,575.00
$65,250.00
22491
22499
23472
23472
22466
22466
21159
22492
22500
22507
22515
22515
22567
23159
23160
23360
23360
22604
22646
22892
23475
23475
$27,500.00
$122,000.00
$13,275.00
22508
22509
22626
$51,975.00 22546
22548
22566
$64,000.00
$80,000.00
$16,250.00
22491
22499
$1,000,000.00 22492
22492
22500
22507
$74,900.00 22567
23160
22604
$1,035,000.00 22646
22646
22892
$27,500.00
$122,000.00
22508
22509
22626
$650,000.00 22626
$51,975.00 22546
22548
$64,000.00
$80,000.00
$16,250.00
$1,770,000.00
$3,595,000.00
$855,000.00
$74,900.00
$295,000.00
$835,000.00
$2,000,000.00
$89,875.00
$3,687.50
$25,000.00
$27,500.00
$26,500.00
$11,756.25
$3,812.50
$8,350.00
$36,700.00
$25,875.00
$25,000.00
$30,000.00
$22,575.00
$65,250.00
$25,000.00
$27,500.00
$26,500.00
$3,812.50
$36,700.00
$25,875.00
$25,000.00
$22,575.00
Page 12 of 14
$0.00
Above Arb. Line/(Below Arb. Line)
-$51,883,906.56
Weighted Average Life of Future Funded Expenses (Days)
1524
Balance
$67,170,465.45
$67,200,465.45
$62,321,731.45
$67,321,731.45
$67,446,731.45
$67,510,731.45
$67,590,731.45
$67,606,981.45
$67,658,956.45
$67,681,531.45
$67,746,781.45
$62,845,698.39
$62,873,198.39
$62,995,198.39
$63,008,473.39
$64,778,473.39
$64,868,348.39
$68,463,348.39
$68,467,035.89
$68,492,035.89
$68,519,535.89
$68,546,035.89
$68,557,792.14
$69,412,792.14
$69,487,692.14
$69,782,692.14
$69,786,504.64
$69,794,854.64
$70,629,854.64
$70,666,554.64
$70,692,429.64
$70,717,429.64
$70,747,429.64
$72,747,429.64
$67,824,498.16
$67,888,498.16
$67,968,498.16
$67,984,748.16
$68,036,723.16
$68,059,298.16
$68,124,548.16
$63,143,632.89
$63,171,132.89
$63,293,132.89
$64,293,132.89
$64,318,132.89
$64,345,632.89
$64,372,132.89
$64,447,032.89
$64,450,845.39
$64,487,545.39
$65,522,545.39
$65,548,420.39
$65,573,420.39
$60,569,855.49
$60,633,855.49
$60,713,855.49
$60,730,105.49
$61,380,105.49
$61,432,080.49
$61,454,655.49
Description
Coupon
Coupon
CUSIP # 419780S77 Hawaii S&P AA/ Moody's Aa2
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Brown County WI CUSIP 1155116F9
Coupon
CUSIP # 20772GMZ Connecticut S&P AA / Moody's Aa3
Coupon
Coupon
Coupon
Coupon
Coupon
CUSIP #215543JT7 Main Township HS AA+
Coupon
Mount Prospect CUSIP #622826SD8 S&P AA
Coupon
Coupon
Schaumberg IL CUSIP 806347JN1
Coupon
Coupon
Coupon
Coupon
Indian Prarie SD #204 CUSIP 262608QV7
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
CUSIP # 940157KF6 Washington DC S&P AAA/Moody's Aaa
Coupon
Coupon
Coupon
Coupon
Coupon
Coupon
CUSIP #199491TC5 Columbus, OH AAA/Aaa
Coupon
Coupon
Coupon
Coupon
Coupon
CUSIP #70914PCU4 Pennsylvania State, AA/Aa2
Coupon
WM Rainey Harper College 2009 Bonds
PMA Financial Network Inc.
Date of Issue
Portfolio & Rebate
Liability Report
Last Updated:
12/31/11
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
09/01/15
09/30/15
10/01/15
10/01/15
11/01/15
12/01/15
12/01/15
12/01/15
12/01/15
12/01/15
12/01/15
12/15/15
12/15/15
12/15/15
12/31/15
02/01/16
02/01/16
03/01/16
03/01/16
03/01/16
03/31/16
05/01/16
06/01/16
06/01/16
06/01/16
06/15/16
06/30/16
08/01/16
08/01/16
09/01/16
09/01/16
09/01/16
09/01/16
09/30/16
11/01/16
12/01/16
12/15/16
12/15/16
12/31/16
02/01/17
02/01/17
03/31/17
05/01/17
05/01/17
06/01/17
06/30/17
08/01/17
08/01/17
08/01/17
09/30/17
12/01/17
12/31/17
02/01/18
02/01/18
03/31/18
03/31/18
06/01/18
12/01/18
12/01/18
12/01/18
12/01/18
Bond Proceeds
Inv ID
EXPENSES
Projected
Actual
$5,025,938.10
$5,047,801.11
$5,113,338.77
$5,135,921.84
$5,158,219.94
$5,180,000.57
$5,252,116.47
$5,274,519.28
$5,296,630.32
$5,318,219.54
$3,620,233.58
$39,478,628.47
12/31/11
Arbitrage Allowable Yield
4.331100%
Original Expense Budget
$156,092,539.15
Portfolio Return for Arbitrage Purposes
0.714554%
Current Projected Expenses
$164,085,431.83
Anticipated Arbitrage Rebate
$10,602,703.00
Total Estimated Interest Income
Investment Cost
Today's Date
$156,092,539.15
Original Interest Income:
Updated by Analyst:
Date
02/05/09
Original Bond Proceeds
Cumulative
Expenses
$69,183,863.84
$74,209,801.94
$74,209,801.94
$74,209,801.94
$74,209,801.94
$74,209,801.94
$74,209,801.94
$74,209,801.94
$74,209,801.94
$74,209,801.94
$74,209,801.94
$74,209,801.94
$74,209,801.94
$74,209,801.94
$79,257,603.05
$79,257,603.05
$79,257,603.05
$79,257,603.05
$79,257,603.05
$79,257,603.05
$84,370,941.82
$84,370,941.82
$84,370,941.82
$84,370,941.82
$84,370,941.82
$84,370,941.82
$89,506,863.66
$89,506,863.66
$89,506,863.66
$89,506,863.66
$89,506,863.66
$89,506,863.66
$89,506,863.66
$94,665,083.60
$94,665,083.60
$94,665,083.60
$94,665,083.60
$94,665,083.60
$99,845,084.17
$99,845,084.17
$99,845,084.17
$105,097,200.64
$105,097,200.64
$105,097,200.64
$105,097,200.64
$110,371,719.92
$110,371,719.92
$110,371,719.92
$110,371,719.92
$115,668,350.24
$115,668,350.24
$120,986,569.78
$120,986,569.78
$120,986,569.78
$124,606,803.36
$124,606,803.36
$124,606,803.36
$124,606,803.36
$124,606,803.36
$164,085,431.83
$164,085,431.83
$7,992,892.68
Investment Maturity Mat ID Coupons and Interest
Percent Spent
22566
42.16%
45.23%
45.23%
45.23%
45.23%
45.23%
45.23%
45.23%
45.23%
45.23%
45.23%
45.23%
45.23%
45.23%
48.30%
48.30%
48.30%
48.30%
48.30%
48.30%
51.42%
51.42%
51.42%
51.42%
51.42%
51.42%
54.55%
54.55%
54.55%
54.55%
54.55%
54.55%
54.55%
57.69%
57.69%
57.69%
57.69%
57.69%
60.85%
60.85%
60.85%
64.05%
64.05%
64.05%
64.05%
67.26%
67.26%
67.26%
67.26%
70.49%
70.49%
73.73%
73.73%
73.73%
75.94%
75.94%
75.94%
75.94%
75.94%
100.00%
100.00%
$1,000,000.00 22491
22491
22499
$2,000,000.00 22500
22500
22507
$74,900.00 22567
$305,000.00 23160
23160
22604
22892
$1,000,000.00 22892
$65,250.00
$27,500.00
$122,000.00
$27,500.00
$26,500.00
$3,812.50
$36,700.00
$25,000.00
22508
22509
$51,975.00 22546
$1,290,000.00 22548
22566
$64,000.00
$80,000.00
22499
22507
$74,900.00 22567
$3,745,000.00 22567
22604
$122,000.00
$26,500.00
22508
22509
$51,975.00 22546
$3,465,000.00 22546
22566
$4,350,000.00 22566
$64,000.00
$80,000.00
22499
22507
22604
$1,835,000.00 22604
$122,000.00
$26,500.00
$36,700.00
22508
22509
$64,000.00
$80,000.00
22499
$4,880,000.00 22499
22507
$122,000.00
22508
22509
$4,000,000.00 22509
$64,000.00
$80,000.00
22507
$26,500.00
22508
$2,560,000.00 22508
$64,000.00
22507
22507
$1,060,000.00 22507
$26,500.00
$26,500.00
$65,250.00
$36,700.00
$65,250.00
$26,500.00
$0.00
Page 13 of 14
$0.00
Above Arb. Line/(Below Arb. Line)
-$51,883,906.56
Weighted Average Life of Future Funded Expenses (Days)
1524
Balance
$61,519,905.49
$56,493,967.39
$57,493,967.39
$57,521,467.39
$57,643,467.39
$59,643,467.39
$59,670,967.39
$59,697,467.39
$59,772,367.39
$60,077,367.39
$60,081,179.89
$60,117,879.89
$60,142,879.89
$61,142,879.89
$56,095,078.78
$56,159,078.78
$56,239,078.78
$56,291,053.78
$57,581,053.78
$57,646,303.78
$52,532,965.01
$52,654,965.01
$52,681,465.01
$52,756,365.01
$56,501,365.01
$56,538,065.01
$51,402,143.17
$51,466,143.17
$51,546,143.17
$51,598,118.17
$55,063,118.17
$55,128,368.17
$59,478,368.17
$54,320,148.23
$54,442,148.23
$54,468,648.23
$54,505,348.23
$56,340,348.23
$51,160,347.66
$51,224,347.66
$51,304,347.66
$46,052,231.19
$46,174,231.19
$51,054,231.19
$51,080,731.19
$45,806,211.91
$45,870,211.91
$45,950,211.91
$49,950,211.91
$44,653,581.59
$44,680,081.59
$39,361,862.05
$39,425,862.05
$41,985,862.05
$38,365,628.47
$38,365,628.47
$38,392,128.47
$38,418,628.47
$39,478,628.47
$0.00
$0.00
Description
Coupon
CUSIP # 57582NSB2 Massachusetts S&P AA/Moody's Aa2
Coupon
Coupon
CUSIP # 425506S45 Hennepin County, MN S&P AAA/Moody's Aaa
Coupon
Coupon
Mount Prospect CUSIP #622826SE6 S&P AA
Coupon
Coupon
Coupon
CUSIP #199491XK2 Columbus,OH S&P AAA/Aaa
Coupon
Coupon
Coupon
CUSIP #514120KB9 Lancaster County SCH District A/A2
Coupon
Coupon
Coupon
Coupon
CUSIP #147051TH9 Cary, NC S&P AAA Moody's A2
Coupon
Coupon
Coupon
Coupon
CUSIP #652233DF1 Newport News, VA AA/AA2
Coupon
CUSIP #478718C72 Johnson County, KS SCH Dist233 AA/Aa3
Coupon
Coupon
Coupon
CUSIP # 0386812V3 Arapahoe County SD 5, AA/Aa2
Coupon
Coupon
Coupon
CUSIP # 97705LSF5 Wisconsin S&P AA/Moody's Aa3
Coupon
Coupon
Coupon
CUSIP # 011770S21 Alaska S$P AA/Moody's Aa2
Coupon
Coupon
CUSIP # 584002LE7 Mecklenburg, NC S&P AAA/Moody's Aaa
Coupon
Coupon
CUSIP # 434452JB5 Hoffman Estates, IL S&P AA/Moody's Aa2
WM Rainey Harper College 2009 Bonds
PMA Financial Network Inc.
Date of Issue
Portfolio & Rebate
Liability Report
Last Updated:
12/31/11
Bond Proceeds
Inv ID
EXPENSES
Projected
Actual
4.331100%
Original Expense Budget
$156,092,539.15
Portfolio Return for Arbitrage Purposes
0.714554%
Current Projected Expenses
$164,085,431.83
Anticipated Arbitrage Rebate
Cumulative
Expenses
$10,602,703.00
$7,992,892.68
Investment Maturity Mat ID Coupons and Interest
12/02/18
$156,092,539.15
$149,087,782.54
$195,571,167.62
12/31/11
Arbitrage Allowable Yield
Total Estimated Interest Income
Investment Cost
Today's Date
$156,092,539.15
Original Interest Income:
Updated by Analyst:
Date
02/05/09
Original Bond Proceeds
$1,961,673.20
Total Anticipated Interest Income:
Anticipated Arbitrage Rebate:
Total Anticipated Interest Income Net of Arbitrage Rebate:
$133,645,725.00
$23,434,950.22
$7,992,892.68
$0.00
$7,992,892.68
Total Outstanding Principal and Interest after December 31, '11: $162,587,833.63
Page 14 of 14
Percent Spent
$0.00
Above Arb. Line/(Below Arb. Line)
-$51,883,906.56
Weighted Average Life of Future Funded Expenses (Days)
1524
Balance
Description
WM Rainey Harper College Referendum Bonds
PMA Financial Network Inc.
Date of Issue
Portfolio & Rebate
Liability Report
03/07/01
Arbitrage Allowable Yield
4.703700%
Original Expense Budget
$95,219,599.00
Portfolio Return for Arbitrage Purposes
3.500737%
Last Updated:
12/31/11
Original Interest Income:
Updated by Analyst:
Greg Sotiros
Total Estimated Interest Income
Date
03/07/01
03/07/01
03/07/01
03/07/01
03/07/01
03/07/01
03/07/01
03/07/01
03/07/01
03/07/01
03/07/01
03/07/01
03/07/01
03/07/01
03/07/01
03/07/01
03/07/01
03/07/01
03/07/01
03/07/01
03/07/01
03/07/01
03/07/01
03/07/01
03/07/01
03/08/01
03/08/01
03/08/01
03/08/01
03/08/01
03/08/01
03/08/01
03/08/01
03/08/01
03/08/01
03/08/01
03/09/01
03/09/01
03/09/01
03/12/01
03/12/01
03/12/01
03/12/01
03/26/01
03/30/01
04/13/01
04/13/01
04/13/01
04/30/01
05/11/01
05/11/01
05/11/01
05/11/01
05/15/01
05/15/01
05/15/01
05/31/01
06/12/01
06/12/01
06/12/01
06/12/01
06/12/01
06/30/01
07/09/01
07/09/01
07/13/01
07/13/01
07/13/01
07/13/01
07/13/01
Bond Proceeds
Investment Cost
Inv ID
EXPENSES
Projected
Actual
$91,980,527.57
$19,397,386.39
$13,998,005.00
$6,499,124.31
$1,299,824.86
$593,917.49
$228,993.64
$254,716.94
$283,378.98
$311,000.00
$386,000.00
$1,555,967.63
$1,600,000.00
$2,900,000.00
$2,100,000.00
$771,489.84
$4,100,000.00
$4,100,000.00
$4,529,944.47
$4,100,000.00
$5,500,000.00
$5,070,778.02
$4,500,000.00
$4,500,000.00
$3,400,000.00
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
$8,929,732.29
$3,795,179.46
$8,442,046.26
$8,027,548.64
$5,930,263.62
$4,878,510.16
$1,196,719.57
25
26
27
28
29
30
31
$4,514,080.70
$4,416,918.28
32
33
$1,504,881.11
$1,505,349.84
$1,505,770.07
34
35
36
$475,210.00
$234,153.70
$344,733.42
$91,030.00
$121,320.00
$0.00
$0.00
38
$91,030.00
$399,705.10
$523,617.83
39
40
$288,886.03
41
$134,500.00
$174,436.94
$394,290.00
37
42
$60,660.00
$643,880.00
11/30/11
$91,980,527.57
Current Projected Expenses
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
Today's Date
Original Bond Proceeds
$105,226,839.86
$8,086,568.63
$7,735,763.11
Current Interest Income Net of Rebate:
$13,246,312.29
Mat ID
Coupons and Interest
1
2
3
4
$2,613.61
$1,995.00
$875.69
$175.14
25
$1,267.71
32
$1,919.30
31
5
$31,436.00
$7.70
$3,082.51
6
37
$15.42
$2,006.36
$884.30
26
27
$128,325.00
$252,166.67
7
38
$264.14
$3,283.06
$1,211.58
8
$171.63
$4,621.02
21
39
41
$128,836.81
$1,294.90
$113.97
Page 1 of 10
$0.00
Above Arb. Line/(Below Arb. Line)
$13,246,312.29
Original Interest Income Net of Rebate:
Cumulative
Investment Maturity
Expenses
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$19,397,386.39
$0.00
$13,998,005.00
$0.00
$6,499,124.31
$0.00
$1,299,824.86
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$8,929,732.29
$0.00
$0.00
$0.00
$4,514,080.70
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$593,917.49
$394,290.00
$394,290.00
$394,290.00
$394,290.00
$228,993.64
$394,290.00
$234,153.70
$515,610.00
$515,610.00
$515,610.00
$515,610.00
$515,610.00
$515,610.00
$515,610.00
$254,716.94
$515,610.00
$344,733.42
$576,270.00
$576,270.00
$576,270.00
$576,270.00
$576,270.00
$283,378.98
$576,270.00
$576,270.00
$576,270.00
$399,705.10
$576,270.00
$288,886.03
$1,220,150.00
$1,220,150.00
Anticipated Arbitrage Rebate
($6,483,755.44)
Weighted Average Life of Future Funded Expenses (Days)
Percent Spent
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.37%
0.37%
0.37%
0.37%
0.37%
0.49%
0.49%
0.49%
0.49%
0.49%
0.49%
0.49%
0.49%
0.55%
0.55%
0.55%
0.55%
0.55%
0.55%
0.55%
0.55%
0.55%
1.16%
1.16%
Balance
$91,980,527.57
$72,583,141.18
$58,585,136.18
$52,086,011.87
$50,786,187.01
$50,192,269.52
$49,963,275.88
$49,708,558.94
$49,425,179.96
$49,114,179.96
$48,728,179.96
$47,172,212.33
$45,572,212.33
$42,672,212.33
$40,572,212.33
$39,800,722.49
$35,700,722.49
$31,600,722.49
$27,070,778.02
$22,970,778.02
$17,470,778.02
$12,400,000.00
$7,900,000.00
$3,400,000.00
($0.00)
$19,400,000.00
$33,400,000.00
$39,900,000.00
$41,200,000.00
$32,270,267.71
$28,475,088.25
$20,033,041.99
$12,005,493.35
$6,075,229.73
$1,196,719.57
($0.00)
$8,931,000.00
$4,416,919.30
$1.02
$4,516,001.02
$3,011,119.91
$1,505,770.07
($0.00)
$31,436.00
$31,443.70
$628,443.70
$234,153.70
($0.00)
$15.42
$231,015.42
$466,053.42
$344,733.42
($0.00)
$128,325.00
$380,491.67
$380,491.67
$380,755.81
$638,755.81
$984,700.81
$924,040.81
$524,335.71
$717.88
$889.51
$288,889.51
$3.48
$128,840.29
$529,840.29
$818,840.29
$174,960.29
$523.35
Description
Original Bond Proceeds
FHLB Discount Note 3/8/01 - 4.918% (Trans #7093)
FHLMC Discount Note 3/8/01 - 5.202% (Trans #7091)
FHLB Discount Note 3/8/01 - 4.918% (Trans #7094)
FHLB Discount Note 3/8/01 - 4.918% (Trans #7092)
FNMA Discount Note 4/13/01 - 5.12% (Trans #7084)
FHLB Discount Note 5/11/01 - 4.92% (Trans #7085)
FHLB Discount Note 6/12/01 - 4.85% (Trans #7086)
FNMA Discount Note 7/9/01 - 4.80% (Trans #7087)
Johnson Bank CD 8/15/01 - 4.80% (Trans #24048)
Johnson Bank CD 9/14/01 - 4.80% (Tran #24049)
FHLMC Discount Note 10/11/01 - 4.72% (Trans #7088)
Morton Community Bank CD 11/15/01 - 4.80% (Trans #24046)
Morton Community Bank CD 12/14/01 - 4.80% (Trans #24047)
Lone Star Bank CD 5/15/02 - 4.95% (Trans #24050)
Providian National Bank CD 6/14/02 - 4.85% (Trans #24035)
Providian National Bank CD 7/15/02 - 4.85% (Trans #24036)
Providian National Bank CD 8/15/02 - 4.85% (Trans #24037)
FFCB Note 9/3/02 - 4.75% (Trans #7090)
Key Bank USA CD 10/15/02 - 4.90% (Trans #24038)
Key Bank USA CD 11/15/02 - 4.90% (Trans #24041)
FHLB Note 1/13/03 - 4.76% (Trans #7089)
Key Bank USA CD 2/14/03 - 5.05% (Trans # 24042)
Key Bank USA CD 3/7/03 - 5.05% (Trans # 24042)
MBNA America CD 5/15/03 - 5.259% (Trans #24039)
FHLB Discount Note 3/8/01 - 4.918% (Trans #7093)
FHLMC Discount Note 3/8/01 - 5.202% (Trans #7091)
FHLB Discount Note 3/8/01 - 4.918% (Trans #7094)
FHLB Discount Note 3/8/01 - 4.918% (Trans #7092)
FHLMC Discount Note 3/9/01 - 5.182% (Trans #7104)
FHLB Note 5/15/03 - 4.84% (Trans #7101)
FHLMC Note 11/15/03 - 4.94% (Trans #7099)
FFCB Note 3/5/04 - 5.04% (Trans #7100)
Amcore Bank CD 12/13/02 - 4.90% (Trans #24064)
Providian National Bank CD 6/14/02 - 4.85% (Trans #24063)
FHLB Note 3/26/02 - 4.70% (Trans #7103)
FHLMC Discount Note 3/9/01 - 5.182% (Trans #7104)
Overnight Investment to Cover Investment with Manufacturer's Bank
MBNA America CD 4/15/03 - 5.259% (Trans #)
Overnight Investment to Cover Investment with Manufacturer's Bank
Manufacturer's Bank CD 1/15/02 - 4.80% (Trans #24084)
Manufacturer's Bank CD 2/15/02 - 4.80% (Trans #24085)
Manufacturer's Bank CD 3/11/02 - 4.80% (Trans #24086)
FHLB Note 3/26/02 - 4.70% (Trans #7103)
LaSalle Interest
FNMA Discount Note 4/13/01 - 5.12% (Trans #7084)
Expenses Wired
GECC CP 05/11/01 - 4.923% (Trans #11028)
LaSalle Interest
FHLB Discount Note 5/11/01 - 4.92% (Trans #7085)
GECC CP 05/11/01 - 4.923% (Trans #11028)
Expenses Wired
Prudential Funding CP 06/12/01 - 4.009% (Trans #11136)
FHLB Note 5/15/03 - 4.84% (Trans #7101)
FHLMC Note 11/15/03 - 4.94% (Trans #7099)
Estimated Expenses
LaSalle Interest
FHLB Discount Note 6/12/01 - 4.85% (Trans #7086)
Prudential Funding CP 06/12/01 - 4.009% (Trans #11136)
Expenses Wired
FHLMC Discount Note 07/13/01 - 3.814% (Trans #7618)
FHLMC Discount Note 08/15/01 - 3.684% (Trans #7619)
LaSalle Interest
FNMA Discount Note 7/9/01 - 4.80% (Trans #7087)
FHLMC Discount Note 07/13/01 - 3.60% (Trans #7842)
FHLB Note 1/13/03 - 4.76% (Trans #7089)
FHLMC Discount Note 07/13/01 - 3.814% (Trans #7618)
FHLMC Discount Note 07/13/01 - 3.60% (Trans #7842)
Expenses Wired
FHLB Discount Note 08/15/01 - 3.57% (Trans #7864)
62
WM Rainey Harper College Referendum Bonds
PMA Financial Network Inc.
Date of Issue
Portfolio & Rebate
Liability Report
03/07/01
Arbitrage Allowable Yield
4.703700%
Original Expense Budget
$95,219,599.00
Portfolio Return for Arbitrage Purposes
3.500737%
Last Updated:
12/31/11
Original Interest Income:
Updated by Analyst:
Greg Sotiros
Total Estimated Interest Income
Date
07/23/01
07/23/01
07/31/01
08/15/01
08/15/01
08/15/01
08/15/01
08/15/01
08/17/01
08/31/01
09/04/01
09/05/01
09/14/01
09/14/01
09/14/01
09/14/01
09/26/01
09/30/01
10/03/01
10/11/01
10/11/01
10/11/01
10/31/01
11/15/01
11/15/01
11/15/01
11/15/01
11/15/01
11/30/01
11/30/01
11/30/01
11/30/01
12/14/01
12/14/01
12/14/01
12/14/01
12/27/01
12/27/01
12/27/01
12/27/01
12/27/01
12/27/01
12/27/01
12/27/01
12/31/01
12/31/01
12/31/01
12/31/01
12/31/01
01/13/02
01/15/02
01/15/02
01/18/02
01/31/02
02/15/02
02/15/02
02/15/02
02/28/02
03/01/02
03/05/02
03/15/02
03/15/02
03/15/02
03/19/02
03/25/02
03/26/02
03/26/02
03/31/02
04/12/02
04/12/02
Bond Proceeds
Investment Cost
$107,754.36
$680,574.53
Inv ID
EXPENSES
Projected
Actual
$0.00
($108,050.00)
43
44
$305,500.00
$476,500.00
$1,038,987.53
$647,500.00
$771,571.99
$4,100,879.50
$4,100,625.92
$4,879,349.87
$1,185,046.13
$1,278,399.91
$425,568.52
$630,197.78
48
15
16
17
30
49
$932,000.00
$768,652.39
$356,000.00
$294,382.35
50
$102,575.00
$1,787,811.21
$306,004.00
47
$989,500.00
$2,879,161.86
($162,075.00)
46
$818,500.00
$1,611,056.31
$393,780.95
45
$0.00
$1,487,649.85
$447,829.86
$145,329.91
51
$0.00
$458,999.11
52
$1,191,436.89
53
$350,750.00
($459,000.00)
$552,713.23
11/30/11
$91,980,527.57
Current Projected Expenses
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
10%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
45%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
Today's Date
Original Bond Proceeds
$105,226,839.86
$8,086,568.63
$7,735,763.11
Current Interest Income Net of Rebate:
$13,246,312.29
Mat ID
Coupons and Interest
9
40
42
43
$0.72
$6,584.68
$3,382.17
$563.06
$245.64
18
28
10
44
$37.00
$148,500.00
$206,000.00
$9,695.48
$1,961.47
31
$31,436.00
$142.85
11
$44,032.37
12
26
27
$65.85
$53,233.98
$128,325.00
$255,000.00
16
17
30
13
$157,525.79
$157,477.95
$186,796.52
$13.07
$107,546.31
15
16
17
30
$31,199.33
$82.15
$879.50
$625.92
$839.71
15
16
17
30
21
34
$9,856.56
$69,147.50
$77,304.95
$71,848.94
$183.36
$128,125.00
$61,151.77
35
$124.72
$67,307.70
18
28
36
$0.02
$148,500.00
$206,000.00
$72,871.03
31
$31,436.00
48
$122.80
$15,885.14
Page 2 of 10
$0.00
Above Arb. Line/(Below Arb. Line)
$13,246,312.29
Original Interest Income Net of Rebate:
Cumulative
Investment Maturity
Expenses
$1,112,100.00
$1,112,100.00
$1,112,100.00
$1,112,100.00
$311,000.00
$1,112,100.00
$523,617.83
$1,112,100.00
$174,436.94
$1,112,100.00
$107,754.36
$1,112,100.00
$1,559,929.86
$1,559,929.86
$1,559,929.86
$1,559,929.86
$1,559,929.86
$386,000.00
$1,559,929.86
$680,574.53
$1,953,710.81
$1,953,710.81
$1,953,710.81
$1,953,710.81
$1,791,635.81
$1,791,635.81
$1,555,967.63
$2,097,639.81
$2,097,639.81
$2,097,639.81
$2,097,639.81
$1,600,000.00
$2,097,639.81
$2,097,639.81
$2,523,208.33
$2,523,208.33
$2,523,208.33
$2,523,208.33
$2,523,208.33
$2,523,208.33
$2,523,208.33
$2,900,000.00
$3,153,406.11
$3,153,406.11
$3,153,406.11
$3,153,406.11
$771,489.84
$3,153,406.11
$4,100,000.00
$3,153,406.11
$4,100,000.00
$3,153,406.11
$4,878,510.16
$3,153,406.11
$3,153,406.11
$3,153,406.11
$3,153,406.11
$3,153,406.11
$3,153,406.11
$3,153,406.11
$3,153,406.11
$3,153,406.11
$3,153,406.11
$3,153,406.11
$1,504,881.11
$3,153,406.11
$3,922,058.50
$3,922,058.50
$3,922,058.50
$1,505,349.84
$4,216,440.85
$4,216,440.85
$4,216,440.85
$4,216,440.85
$4,216,440.85
$4,216,440.85
$1,505,770.07
$4,361,770.76
$4,361,770.76
$3,902,770.76
$3,902,770.76
$3,902,770.76
$1,160,000.00
$3,902,770.76
$3,902,770.76
$3,902,770.76
$2,879,161.86
$4,455,483.99
Anticipated Arbitrage Rebate
($6,483,755.44)
Weighted Average Life of Future Funded Expenses (Days)
Percent Spent
1.06%
1.06%
1.06%
1.06%
1.06%
1.06%
1.06%
1.06%
1.48%
1.48%
1.48%
1.48%
1.48%
1.48%
1.86%
1.86%
1.86%
1.86%
1.70%
1.70%
1.99%
1.99%
1.99%
1.99%
1.99%
1.99%
2.40%
2.40%
2.40%
2.40%
2.40%
2.40%
2.40%
3.00%
3.00%
3.00%
3.00%
3.00%
3.00%
3.00%
3.00%
3.00%
3.00%
3.00%
3.00%
3.00%
3.00%
3.00%
3.00%
3.00%
3.00%
3.00%
3.73%
3.73%
3.73%
4.01%
4.01%
4.01%
4.01%
4.01%
4.01%
4.15%
4.15%
3.71%
3.71%
3.71%
3.71%
3.71%
3.71%
4.23%
Balance
$108,573.35
$818.99
$819.71
$318,404.39
$845,404.39
$1,020,404.39
$1,128,404.39
$447,829.86
($0.00)
$37.00
$148,537.00
$354,537.00
$750,232.48
$1,432,768.48
$1,038,987.53
($0.00)
$31,436.00
$31,578.85
$193,653.85
$1,793,653.85
$1,487,649.85
($0.00)
$65.85
$1,653,299.83
$1,781,624.83
$2,036,624.83
$1,611,056.31
($0.00)
$157,525.79
$315,003.74
$501,800.26
$501,813.33
$3,509,359.64
$2,879,161.86
($0.00)
$31,199.33
$802,771.32
$4,903,650.82
$9,004,276.74
$13,883,626.61
$13,112,054.62
$9,011,175.12
$4,910,549.20
$31,199.33
$41,055.89
$110,203.39
$187,508.34
$259,357.28
$259,540.64
$387,665.64
$1,953,698.52
$768,652.39
($0.00)
$124.72
$1,572,782.26
$1,278,399.91
($0.00)
$0.02
$148,500.02
$354,500.02
$1,933,141.12
$1,787,811.21
($0.00)
$459,000.00
$0.89
$1,191,436.89
($0.00)
$122.80
$2,895,169.80
$2,342,456.57
Description
Expenses not paid - August Reinvestment
FAMC Discount Note 08/15/01 - 3.618% (Trans #7925)
LaSalle Interest
Johnson Bank CD 8/15/01 - 4.80% (Trans #24048)
FHLMC Discount Note 08/15/01 - 3.684% (Trans #7619)
FHLB Discount Note 08/15/01 - 3.57% (Trans #7864)
FAMC Discount Note 08/15/01 - 3.618% (Trans #7925)
GECC CP 09/14/01 - 3.507% (Trans #11505)
Expenses Wired
LaSalle Interest
FFCB Note 9/3/02 - 4.75% (Trans #7090)
FFCB Note 3/5/04 - 5.04% (Trans #7100)
Johnson Bank CD 9/14/01 - 4.80% (Tran #24049)
GECC CP 09/14/01 - 3.507% (Trans #11505)
Expenses Wired
Key Bank USA 09/12/03 - 3.47% (Trans #27055)
FHLB Note 3/26/02 - 4.70% (Trans #7103)
LaSalle Interest
Expenses not paid - October Reinvestment
FHLMC Discount Note 10/11/01 - 4.72% (Trans #7088)
Expenses Wired
Suburban Bank & Trust CD 06/13/03 - 3.10% (Trans #27652)
LaSalle Interest
Morton Community Bank CD 11/15/01 - 4.80% (Trans #24046)
FHLB Note 5/15/03 - 4.84% (Trans #7101)
FHLMC Note 11/15/03 - 4.94% (Trans #7099)
Expenses Wired
MBNA CD 07/15/03 - 2.857% (Trans #28322)
Interest Earned to Date for Providian CD Trans #24036
Interest Earned to Date for Providian CD Trans #24037
Interest Earned to Date for Providian CD Trans #24063
LaSalle Interest
Morton Community Bank CD 12/14/01 - 4.80% (Trans #24047)
Expenses Wired
GECC CP 04/12/01 - 1.692% (Trans #11835)
Interest Earned to Date for Providian CD Trans #24035
Early Maturity - Providian National Bank CD 6/14/02 - 4.85% (Trans #24035)
Early Maturity - Providian National Bank CD 7/15/02 - 4.85% (Trans #24036)
Early Maturity - Providian National Bank CD 8/15/02 - 4.85% (Trans #24037)
Early maturityProvidian National Bank CD 6/14/02 - 4.85% (Trans #24063)
Reinvestment of transaction #24035 to 06/14/02 (Trans #8744)
Reinvestment of transaction #24036 to 07/15/02 (Trans #8748)
Reinvestment of transaction #24037 to 08/15/02 (Trans #8762)
Reinvestment of transaction #24063 to 06/14/02 (Trans #8745)
Final Recoup of penalties & Interest on 12/27/01 early maturity of Trans #24035
Final Recoup of penalties & Interest on 12/27/01 early maturity of Trans #24036
Final Recoup of penalties & Interest on 12/27/01 early maturity of Trans #24037
Final Recoup of penalties & Interest on 12/27/01 early maturity of Trans #24063
LaSalle Interest
FHLB Note 1/13/03 - 4.76% (Trans #7089)
Manufacturer's Bank CD 1/15/02 - 4.80% (Trans #24084)
Independent Banker's Bank CD 07/15/03 - 2.80% (Trans #29032)
January Expenses
LaSalle Interest
Manufacturer's Bank CD 2/15/02 - 4.80% (Trans #24085)
February Expenses
North Shore Community B&T CD 08/14/03 - 2.90% (Trans #29416)
LaSalle Interest
FFCB Note 9/3/02 - 4.75% (Trans #7090)
FFCB Note 3/5/04 - 5.04% (Trans #7100)
Manufacturer's Bank CD 3/11/02 - 4.80% (Trans #24086)
March Expenses
Discover Bank CD 09/12/03 - 3.27% (Trans #29859)
Planning expenses paid from referendum bonds; reimbursed by State
4.5% FHLB Note 06/15/03 - 3.098% (Trans #9333)
FHLB Note 3/26/02 - 4.70% (Trans #7103)
Discover Bank CD 09/15/03 - 3.42% (Trans #7099)
LaSalle Interest
GECC CP 04/12/01 - 1.692% (Trans #11835)
April Expenses
62
WM Rainey Harper College Referendum Bonds
PMA Financial Network Inc.
Date of Issue
Portfolio & Rebate
Liability Report
03/07/01
Arbitrage Allowable Yield
4.703700%
Original Expense Budget
$95,219,599.00
Portfolio Return for Arbitrage Purposes
3.500737%
Last Updated:
12/31/11
Original Interest Income:
Updated by Analyst:
Greg Sotiros
Total Estimated Interest Income
Date
04/12/02
04/30/02
05/15/02
05/15/02
05/15/02
05/15/02
05/15/02
05/31/02
06/14/02
06/14/02
06/14/02
06/14/02
06/14/02
06/15/02
06/30/02
07/13/02
07/15/02
07/15/02
07/15/02
07/31/02
08/16/02
08/16/02
08/16/02
08/31/02
09/03/02
09/03/02
09/05/02
09/13/02
09/13/02
09/13/02
09/13/02
09/13/02
09/30/02
10/15/02
10/15/02
10/15/02
10/15/02
11/01/02
11/13/02
11/15/02
11/15/02
11/15/02
11/15/02
11/15/02
11/15/02
11/15/02
12/13/02
12/13/02
12/13/02
12/13/02
12/15/02
12/31/02
01/13/03
01/15/03
01/31/03
02/14/03
02/14/03
02/14/03
02/14/03
02/14/03
02/28/03
03/05/03
03/07/03
03/07/03
03/11/03
03/14/03
03/14/03
03/14/03
03/14/03
03/31/03
Bond Proceeds
Investment Cost
$2,342,456.57
Inv ID
EXPENSES
Projected
Actual
54
$618,150.00
$1,773,833.73
$885,550.00
$2,335,197.72
$2,142,655.48
$2,462,575.41
$1,152,950.00
$1,818,586.36
$1,420,350.00
$1,935,740.50
58
59
$4,549,989.53
60
$1,687,750.00
$1,383,667.61
64
$2,601,019.67
$1,000,000.00
$1,000,000.00
65
66
67
$3,000,000.00
$1,541,770.45
68
69
$1,600,000.00
$1,300,000.00
$377,456.54
$1,756,618.42
61
62
63
$1,955,150.00
$3,082,682.66
$1,220,146.80
56
57
$2,216,261.23
$701,542.15
$1,300,000.00
$1,000,000.00
$833,142.25
55
$2,222,550.00
$1,745,011.58
$2,489,950.00
$1,913,293.07
$2,757,350.00
$2,500,777.43
$3,024,750.00
$4,311,074.27
70
71
72
$5,170,419.70
73
$1,500,000.00
$1,039,388.52
$1,000,000.00
74
75
76
$3,292,150.00
$1,631,962.53
11/30/11
$91,980,527.57
Current Projected Expenses
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
75%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
100%
0%
0%
0%
0%
0%
0%
Today's Date
Original Bond Proceeds
$105,226,839.86
$8,086,568.63
$7,735,763.11
Current Interest Income Net of Rebate:
$13,246,312.29
Mat ID
Coupons and Interest
14
26
27
$0.02
$123,650.96
$128,325.00
$255,000.00
15
30
$0.00
$6,428.01
$40,650.13
52
21
16
$10,035.00
$1.77
$128,125.00
$42,120.50
17
$1.73
$51,374.08
18
$0.10
$150,150.00
28
60
$206,000.00
$2,010.47
19
57
$20.34
$326,954.93
$39,375.00
20
26
27
$21.73
($21.73)
$462,706.25
$128,325.00
$255,000.00
29
$524,799.90
52
21
$10,035.00
$3.99
$128,125.00
22
$1,143.83
$450,000.42
28
23
$781.10
$206,000.00
$463,989.65
73
$580.30
$346.51
Page 3 of 10
$0.00
Above Arb. Line/(Below Arb. Line)
$13,246,312.29
Original Interest Income Net of Rebate:
Cumulative
Investment Maturity
Expenses
$4,455,483.99
$4,455,483.99
$4,455,483.99
$2,100,000.00
$4,455,483.99
$4,455,483.99
$5,288,626.24
$5,288,626.24
$5,288,626.24
$5,288,626.24
$771,571.99
$5,288,626.24
$4,879,349.87
$6,508,773.04
$6,508,773.04
$6,508,773.04
$6,508,773.04
$6,508,773.04
$6,508,773.04
$6,508,773.04
$4,100,879.50
$8,327,359.40
$8,327,359.40
$8,327,359.40
$8,327,359.40
$4,100,625.92
$10,263,099.90
$10,263,099.90
$10,263,099.90
$10,263,099.90
$4,400,000.00
$10,263,099.90
$10,263,099.90
$10,263,099.90
$4,549,989.53
$12,019,718.32
$12,019,718.32
$12,019,718.32
$12,019,718.32
$12,019,718.32
$12,019,718.32
$4,100,000.00
$12,019,718.32
$13,403,385.93
$13,403,385.93
$13,403,385.93
$13,403,385.93
$13,403,385.93
$5,500,000.00
$13,403,385.93
$13,403,385.93
$15,148,397.51
$15,148,397.51
$15,148,397.51
$15,148,397.51
$15,148,397.51
$5,930,263.62
$17,061,690.58
$17,061,690.58
$17,061,690.58
$17,061,690.58
$17,061,690.58
$17,061,690.58
$5,000,000.00
$19,562,468.01
$19,562,468.01
$19,562,468.01
$4,500,000.00
$23,873,542.28
$23,873,542.28
$23,873,542.28
$23,873,542.28
$23,873,542.28
$23,873,542.28
$23,873,542.28
$4,500,000.00
$23,873,542.28
$23,873,542.28
$5,170,419.70
$25,505,504.81
$25,505,504.81
$25,505,504.81
$25,505,504.81
$25,505,504.81
Anticipated Arbitrage Rebate
($6,483,755.44)
Weighted Average Life of Future Funded Expenses (Days)
Percent Spent
4.23%
4.23%
4.23%
4.23%
4.23%
5.03%
5.03%
5.03%
5.03%
5.03%
6.19%
6.19%
6.19%
6.19%
6.19%
6.19%
6.19%
7.91%
7.91%
7.91%
7.91%
9.75%
9.75%
9.75%
9.75%
9.75%
9.75%
9.75%
11.42%
11.42%
11.42%
11.42%
11.42%
11.42%
11.42%
12.74%
12.74%
12.74%
12.74%
12.74%
12.74%
12.74%
14.40%
14.40%
14.40%
14.40%
14.40%
16.21%
16.21%
16.21%
16.21%
16.21%
16.21%
18.59%
18.59%
18.59%
22.69%
22.69%
22.69%
22.69%
22.69%
22.69%
22.69%
22.69%
22.69%
24.24%
24.24%
24.24%
24.24%
24.24%
Balance
($0.00)
$0.02
$2,223,650.98
$2,351,975.98
$2,606,975.98
$1,773,833.73
($0.00)
($0.00)
$778,000.00
$5,698,000.00
$4,477,853.20
$2,142,655.48
($0.00)
$10,035.00
$10,036.77
$138,161.77
$4,281,161.77
$2,462,575.41
($0.00)
$1.73
$4,152,001.73
$2,216,261.23
($0.00)
$0.10
$4,550,150.10
$160.57
$206,160.57
$4,758,160.57
$3,001,542.15
$2,300,000.00
$1,000,000.00
($0.00)
$20.34
$4,426,975.27
$4,466,350.27
$3,082,682.66
($0.00)
$21.73
($0.00)
$5,962,706.25
$6,091,031.25
$6,346,031.25
$4,601,019.67
$2,000,000.00
$1,000,000.00
($0.00)
$6,455,063.52
$4,541,770.45
$1,541,770.45
($0.00)
$10,035.00
$10,038.99
$5,138,163.99
$2,637,386.56
$2,638,530.39
$7,588,530.81
$3,277,456.54
$1,677,456.54
$377,456.54
($0.00)
$781.10
$206,781.10
$5,170,770.75
$351.05
$5,171,351.05
$3,539,388.52
$2,039,388.52
$1,000,000.00
($0.00)
$346.51
Description
Park Federal Savings Bank 10/15/03 - 3.35% (Trans #30126)
LaSalle Interest
Lone Star Bank CD 5/15/02 - 4.95% (Trans #24050)
FHLB Note 5/15/03 - 4.84% (Trans #7101)
FHLMC Note 11/15/03 - 4.94% (Trans #7099)
May Expenses
Discover Bank CD 12/15/03 - 3.06% (Trans #30425)
LaSalle Interest
Reinvestment of transaction #24035 to 06/14/02 (Trans #8744)
Reinvestent of transaction #24063 to 06/14/02 (Trans #8745)
June Expenses
Discover Bank CD 4/15/04 - 3.16% (Trans #30900)
FHLMC Note 4/15/04 - 2.95% (Trans #9974)
Coupon-4.5% FHLB Note 06/15/03 - 3.098% (Trans #9333)
LaSalle Interest
FHLB Note 1/13/03 - 4.76% (Trans #7089)
Reinvestment of transaction #24036 to 07/15/02 (Trans #8748)
July Expenses
First NB of Colorado 08/14/03 - 2.50% (Trans #31522)
LaSalle Interest
Reinvestment of transaction #24037 to 08/16/02 (Trans #8762)
August Expenses
Cambridge Bank CD 06/13/03 - 1.85% (Trans #31879)
LaSalle Interest
FFCB Note 9/3/02 - 4.75% (Trans #7090)
FHLB Discount Note 09/13/02 (Trans #10591)
FFCB Note 3/5/04 - 5.04% (Trans #7100)
FHLB Discount Note 09/13/02 (Trans #10591)
September Expenses
Discover Bank CD 08/14/03 - 1.90% (Trans #32362)
First Bank CD 09/15/03 - 2.11% (Trans #32358)
Discover Bank CD 09/15/03 - 2.11% (Trans #32365)
LaSalle Interest
Key Bank USA CD 10/15/02 - 4.90% (Trans #24038)
coupon - FHLMC 3.75% Note 4/15/04 - 2.95% (Trans #9974)
October Expenses
Missouri State B&TC 10/15/03 - 2.05% (Trans #36257)
ISDLAF Interest
College Request to sweep funds
Key Bank USA CD 11/15/02 - 4.90% (Trans #24041)
FHLB Note 5/15/03 - 4.84% (Trans #7101)
FHLMC Note 11/15/03 - 4.94% (Trans #7099)
November Expenses
Discover Bank CD 07/15/03 - 1.90% (Trans #36925)
Independent Banker's Bank CD 08/14/03 - 1.55% (Trans #36933)
Independent Banker's Bank CD 12/15/03 - 1.65% (Trans #36935)
Amcore Bank CD 12/13/02 - 4.90% (Trans #24064)
December Expenses
Cambridge Bank CD 12/15/03 - 1.65% (Trans #37439)
Kaw Valley State Bank CD 12/15/03 - 1.80% (Trans #37440)
Coupon-4.5% FHLB Note 06/15/03 - 3.098% (Trans #9333)
ISDLAF Interest
FHLB Note 1/13/03 - 4.76% (Trans #7089)
Expenses Wired
ISDLAF Interest
Key Bank USA CD 2/14/03 - 5.05% (Trans # 24042)
Expenses Wired
Independent Bank 06/13/03 - 1.25% (Trans #38452)
Pulaski Bank CD 08/14/03 - 1.476% (Trans #38453)
Discover Bank CD 08/14/03 - 1.39% (Trans #38454)
ISDLAF Interest
FFCB Note 3/5/04 - 5.04% (Trans #7100)
Key Bank USA CD 3/7/03 - 5.05% (Trans # 24042)
FHLB Discount Note 03/11/03 - 1.027% (Trans #11646)
FHLB Discount Note 03/11/03 - 1.027% (Trans #11646)
Expenses Wired
Minnwest Bank 09/15/03 - 1.30% (Trans #39108)
MBNA America 10/15/03 - 1.35% (Trans #39109)
Lone Star Bank 01/15/04 - 1.45% (Trans #39110)
ISDLAF Interest
62
WM Rainey Harper College Referendum Bonds
PMA Financial Network Inc.
Date of Issue
Portfolio & Rebate
Liability Report
03/07/01
Arbitrage Allowable Yield
4.703700%
Original Expense Budget
$95,219,599.00
Portfolio Return for Arbitrage Purposes
3.500737%
Last Updated:
12/31/11
Original Interest Income:
Updated by Analyst:
Greg Sotiros
Total Estimated Interest Income
Date
04/15/03
04/15/03
04/15/03
04/15/03
04/30/03
05/15/03
05/15/03
05/15/03
05/15/03
05/15/03
05/31/03
06/13/03
06/13/03
06/13/03
06/13/03
06/13/03
06/15/03
06/30/03
07/15/03
07/15/03
07/15/03
07/15/03
07/16/03
07/16/03
07/31/03
08/14/03
08/14/03
08/14/03
08/14/03
08/14/03
08/14/03
08/14/03
08/15/03
08/15/03
08/15/03
08/15/03
08/31/03
09/05/03
09/09/03
09/12/03
09/12/03
09/15/03
09/15/03
09/15/03
09/15/03
09/15/03
09/30/03
10/15/03
10/15/03
10/15/03
10/15/03
10/15/03
10/15/03
10/15/03
10/15/03
10/31/03
11/15/03
11/15/03
11/17/03
11/30/03
12/15/03
12/15/03
12/15/03
12/15/03
12/15/03
12/15/03
12/15/03
12/31/03
01/15/04
01/15/04
Bond Proceeds
Investment Cost
Inv ID
EXPENSES
Projected
Actual
$3,659,550.00
$2,061,500.25
$4,076,950.00
$4,697,516.71
$3,000,000.00
$1,383,146.84
$5,361,973.50
$2,703,298.14
86
$6,126,000.00
$3,333,016.71
$6,493,600.00
$2,893,973.10
87
88
89
$6,459,400.00
$3,500,000.00
$1,881,081.94
$2,479,480.81
82
83
84
85
$5,738,550.00
$4,579,624.80
$3,514,194.73
80
81
$5,329,150.00
$2,298,876.64
$1,000,000.00
$1,000,000.00
$500,000.00
$2,279,710.43
79
$4,911,750.00
$1,291,097.79
$1,200,000.00
$3,027,394.84
78
$4,494,350.00
$3,141,678.31
$2,894,842.70
77
90
91
$2,116,433.29
11/30/11
$91,980,527.57
Current Projected Expenses
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
Today's Date
Original Bond Proceeds
$105,226,839.86
$8,086,568.63
$7,735,763.11
Current Interest Income Net of Rebate:
$13,246,312.29
Mat ID
Coupons and Interest
33
57
$500,419.94
$39,375.00
24
26
27
$62.26
$401,524.29
$128,325.00
$255,000.00
46
59
70
$0.00
$77,145.46
$33,811.65
$6,520.55
52
47
49
65
$10,035.00
$115.77
$76,802.19
$49,635.58
$25,581.87
50
58
61
66
71
72
$136.56
$55,356.47
$66,987.39
$12,233.38
$11,550.69
$9,516.94
$2,602.01
28
65
45
51
53
62
74
$122.80
$206,000.00
$27.36
$72,919.62
$87,807.66
$60,346.00
$27,580.30
$9,883.57
54
57
63
64
75
$47.86
$118,712.95
$39,375.00
$22,978.61
$63,199.72
$8,267.92
27
$0.34
$255,000.00
55
67
68
69
$17,856.17
$49,771.24
$27,903.94
76
77
$0.00
$12,199.95
$20,968.01
$0.32
Page 4 of 10
$0.00
Above Arb. Line/(Below Arb. Line)
$13,246,312.29
Original Interest Income Net of Rebate:
Cumulative
Investment Maturity
Expenses
$25,505,504.81
$4,416,201.50
$25,505,504.81
$28,400,347.51
$28,400,347.51
$28,400,347.51
$28,400,347.51
$3,400,000.00
$28,400,347.51
$3,540,000.00
$28,400,347.51
$31,427,742.35
$31,427,742.35
$31,427,742.35
$31,427,742.35
$1,487,649.85
$31,427,742.35
$2,216,261.23
$31,427,742.35
$1,600,000.00
$33,707,452.78
$33,707,452.78
$33,707,452.78
$446,000.00
$33,707,452.78
$33,707,452.78
$1,611,056.31
$33,707,452.78
$1,185,046.13
$33,707,452.78
$2,601,019.67
$37,221,647.51
$37,221,647.51
$37,221,647.51
$37,221,647.51
$37,221,647.51
$1,278,399.91
$37,221,647.51
$2,462,575.41
$37,221,647.51
$701,542.15
$37,221,647.51
$1,000,000.00
$37,221,647.51
$1,300,000.00
$37,221,647.51
$377,456.54
$39,701,128.32
$39,701,128.32
$39,701,128.32
$39,701,128.32
$39,701,128.32
$39,701,128.32
$39,701,128.32
$39,701,128.32
$39,701,128.32
$1,038,987.53
$39,701,128.32
$1,787,811.21
$39,701,128.32
$1,191,436.89
$39,701,128.32
$1,300,000.00
$39,701,128.32
$1,500,000.00
$42,404,426.46
$42,404,426.46
$42,404,426.46
$42,404,426.46
$2,342,456.57
$42,404,426.46
$42,404,426.46
$1,000,000.00
$42,404,426.46
$3,082,682.66
$42,404,426.46
$1,039,388.52
$45,737,443.17
$45,737,443.17
$45,737,443.17
$45,737,443.17
$45,737,443.17
$8,000,000.00
$48,631,416.27
$48,631,416.27
$48,631,416.27
$48,631,416.27
$1,860,213.11
$48,631,416.27
$1,000,000.00
$48,631,416.27
$3,000,000.00
$48,631,416.27
$1,541,770.45
$50,747,849.56
$50,747,849.56
$50,747,849.56
$50,747,849.56
$50,747,849.56
$1,000,000.00
$50,747,849.56
$2,061,500.25
Anticipated Arbitrage Rebate
($6,483,755.44)
Weighted Average Life of Future Funded Expenses (Days)
Percent Spent
24.24%
24.24%
26.99%
26.99%
26.99%
26.99%
26.99%
26.99%
29.87%
29.87%
29.87%
29.87%
29.87%
29.87%
32.03%
32.03%
32.03%
32.03%
32.03%
32.03%
32.03%
35.37%
35.37%
35.37%
35.37%
35.37%
35.37%
35.37%
35.37%
35.37%
35.37%
37.73%
37.73%
37.73%
37.73%
37.73%
37.73%
37.73%
37.73%
37.73%
37.73%
37.73%
37.73%
37.73%
40.30%
40.30%
40.30%
40.30%
40.30%
40.30%
40.30%
40.30%
43.47%
43.47%
43.47%
43.47%
43.47%
46.22%
46.22%
46.22%
46.22%
46.22%
46.22%
46.22%
48.23%
48.23%
48.23%
48.23%
48.23%
48.23%
Balance
$4,916,967.95
$4,956,342.95
$2,061,500.25
($0.00)
$62.26
$3,801,586.55
$7,469,911.55
$7,724,911.55
$4,697,516.71
($0.00)
($0.00)
$1,564,795.31
$3,814,868.19
$5,421,388.74
$3,141,678.31
($0.00)
$456,035.00
$456,150.77
$2,144,009.27
$3,378,690.98
$6,005,292.52
$2,491,097.79
$1,200,000.00
($0.00)
$136.56
$1,333,892.94
$3,863,455.74
$4,577,231.27
$5,588,781.96
$6,898,298.90
$7,278,357.45
$4,798,876.64
$2,500,000.00
$1,500,000.00
$500,000.00
($0.00)
$122.80
$206,122.80
$206,150.16
$1,318,057.31
$3,193,676.18
$4,445,459.07
$5,773,039.37
$7,282,922.94
$4,579,624.80
($0.00)
$47.86
$2,461,217.38
$2,500,592.38
$3,523,570.99
$6,669,453.37
$7,717,109.81
$4,384,093.10
$1,384,093.10
$946.26
$946.60
$8,255,946.60
$5,361,973.50
($0.00)
$0.32
$1,860,213.43
$2,878,069.60
$5,927,840.84
$7,497,515.23
$5,381,081.94
$1,881,081.94
($0.00)
($0.00)
$1,012,199.95
$3,094,668.21
Description
MBNA America CD 4/15/03 - 5.259% (Trans #)
coupon - FHLMC 3.75% Note 4/15/04 - 2.95% (Trans #9974)
Expenses Wired
Home Savings Bank 01/15/04 - 1.35% (Trans #39571)
ISDLAF Interest
MBNA America CD 5/15/03 - 5.259% (Trans #24039)
FHLB Note 5/15/03 - 4.84% (Trans #7101)
FHLMC Note 11/15/03 - 4.94% (Trans #7099)
Expenses Wired
Covest Bank CD 02/13/04 - 1.25% (Trans #39881)
ISDLAF Interest
Suburban Bank & Trust CD 06/13/03 - 3.10% (Trans #27652)
Cambridge Bank CD 06/13/03 - 1.85% (Trans #31879)
Independent Bank 06/13/03 - 1.25% (Trans #38452)
Expenses Wired
Capital City Bank 06/15/04 - 1.201% (Trans #40552)
4.5% FHLB Note 06/15/03 - 3.098% (Trans #9333)
ISDLAF Interest
MBNA CD 07/15/03 - 2.857% (Trans #28322)
Independent Banker's Bank CD 07/15/03 - 2.80% (Trans #29032)
Discover Bank CD 07/15/03 - 1.90% (Trans #36925)
Expenses Wired
Discover Bank CD 01/15/04 - .95% (Trans #41748)
Heritage Bank CD 05/14/04 - 1.20% (Trans #41747)
ISDLAF Interest
North Shore Community B&T CD 08/14/03 - 2.90% (Trans #29416)
First NB of Colorado 08/14/03 - 2.50% (Trans #31522)
Discover Bank CD 08/14/03 - 1.90% (Trans #32362)
Independent Banker's Bank CD 08/14/03 - 1.55% (Trans #36933)
Pulaski Bank CD 08/14/03 - 1.476% (Trans #38453)
Discover Bank CD 08/14/03 - 1.39% (Trans #38454)
Expenses Wired
Republic Bank CD 05/17/04 - 1.13% (Trans #42990)
Mount Prospect National Bank 08/16/04 - 1.30% (Trans #42984)
Southwestern National Bank 08/16/04 - 1.30% (Trans #42985)
Northwestern State Bank of Orange County 08/16/04 - 1.30% (Trans #42989)
ISDLAF Interest
FFCB Note 3/5/04 - 5.04% (Trans #7100)
Additional Interest - Discover Bank CD 07/15/03 - 1.90% (Trans #36925)
Key Bank USA 09/12/03 - 3.47% (Trans #27055)
Discover Bank CD 09/12/03 - 3.27% (Trans #29859)
Discover Bank CD 09/15/03 - 3.42% (Trans #7099)
First Bank CD 09/15/03 - 2.11% (Trans #32358)
Minnwest Bank 09/15/03 - 1.30% (Trans #39108)
Expenses Wired
Regency Savings Bank 09/15/04 - 1.30% (Trans #43936)
ISDLAF Interest
Park Federal Savings Bank 10/15/03 - 3.35% (Trans #30126)
coupon - FHLMC 3.75% Note 4/15/04 - 2.95% (Trans #9974)
Discover Bank CD 09/15/03 - 2.11% (Trans #32365)
Missouri State B&TC 10/15/03 - 2.05% (Trans #36257)
MBNA America 10/15/03 - 1.35% (Trans #39109)
Expenses Wired
Associated Bank CD 07/15/04- 1.20% (Trans #45211)
FNMA Discount Note 08/13/04 - 1.12% (Trans #12904)
ISDLAF Interest
FHLMC Note 11/15/03 - 4.94% (Trans #7099)
Expenses Wired
JP Morgan Chase Bank 05/17/04 - 1.25% (Trans #45892)
ISDLAF Interest
Discover Bank CD 12/15/03 - 3.06% (Trans #30425)
Independent Banker's Bank CD 12/15/03 - 1.65% (Trans #36935)
Cambridge Bank CD 12/15/03 - 1.65% (Trans #37439)
Kaw Valley State Bank CD 12/15/03 - 1.80% (Trans #37440)
Expenses Wired
Illinois National Bank CD 06/15/04 - 1.20% (Trans #46377)
First Security Bank of Lexington - 1.20% (Trans #46376)
ISDLAF Interest
Lone Star Bank 01/15/04 - 1.45% (Trans #39110)
Home Savings Bank 01/15/04 - 1.35% (Trans #39571)
62
WM Rainey Harper College Referendum Bonds
PMA Financial Network Inc.
Date of Issue
Portfolio & Rebate
Liability Report
03/07/01
Arbitrage Allowable Yield
4.703700%
Original Expense Budget
$95,219,599.00
Portfolio Return for Arbitrage Purposes
3.500737%
Last Updated:
12/31/11
Original Interest Income:
Updated by Analyst:
Greg Sotiros
Total Estimated Interest Income
Date
01/15/04
01/15/04
01/15/04
02/13/04
02/13/04
02/13/04
03/05/04
03/05/04
03/05/04
03/08/04
03/15/04
03/15/04
03/15/04
03/31/04
04/15/04
04/15/04
04/15/04
04/21/04
04/30/04
05/14/04
05/17/04
05/17/04
05/17/04
05/18/04
05/18/04
05/31/04
06/15/04
06/15/04
06/15/04
06/15/04
06/24/04
06/24/04
06/25/04
06/30/04
07/15/04
07/15/04
07/15/04
07/31/04
07/31/04
08/13/04
08/16/04
08/16/04
08/16/04
08/24/04
08/24/04
08/31/04
08/31/04
09/15/04
09/15/04
09/15/04
09/20/04
09/30/04
09/30/04
10/15/04
10/15/04
10/15/04
10/15/04
10/31/04
10/31/04
11/15/04
11/15/04
11/15/04
11/22/04
11/22/04
11/30/04
11/30/04
12/15/04
12/15/04
12/15/04
12/31/04
Bond Proceeds
Investment Cost
Inv ID
$2,268,955.87
92
$1,785,109.32
93
$2,000,000.00
$4,000,000.00
$1,995,844.69
94
95
96
EXPENSES
Projected
Actual
$4,391,916.04
$2,122,960.17
$4,741,596.15
$2,956,486.83
$8,206,000.00
$4,611,203.71
$2,145,444.09
$4,000,000.00
$1,157,319.56
$2,122,181.80
104
105
$2,000,000.00
$2,662,437.97
$1,899,196.56
103
$3,000,000.00
$1,852,239.59
$1,500,000.00
$2,267,433.81
102
$3,000,000.00
$1,499,255.63
$4,831,296.56
101
$4,000,000.00
$2,786,205.57
$3,069,701.23
98
99
100
$4,921,155.58
$1,752,271.43
$1,551,841.54
38
39
$14,414,691.32
$1,779,952.58
$1,000,000.00
$2,999,075.13
$2,465,896.44
97
$1,211,953.97
$4,000,000.00
$3,374,251.16
$2,040,899.51
106
$744,265.93
11/30/11
$91,980,527.57
Current Projected Expenses
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
Today's Date
Original Bond Proceeds
$105,226,839.86
$8,086,568.63
$7,735,763.11
Current Interest Income Net of Rebate:
$13,246,312.29
Mat ID
Coupons and Interest
80
$6,150.04
78
$44,079.44
28
$206,000.00
93
96
$1,516.13
$44,118.75
56
57
$39,375.00
81
82
89
$224.94
$11,953.97
$2,318,519.76
$5,395,394.03
79
90
97
$199.33
$38,041.68
$21,057.54
$3,232.86
87
91
$1,064.14
$26,949.45
$13,124.19
88
83
84
85
$2.88
$40.48
$12,853.16
$13,071.24
$13,071.24
$6,535.63
86
96
$1,030.77
$65.31
$4,639,323.04
$44,118.75
92
101
$742.02
$0.57
$21,461.22
$3,728.57
38
100
$245.02
$682.93
$31,338.39
$51,570.56
39
$1,352.15
$908.20
$30,217.21
$136.82
$1.43
Page 5 of 10
$0.00
Above Arb. Line/(Below Arb. Line)
$13,246,312.29
Original Interest Income Net of Rebate:
Cumulative
Investment Maturity
Expenses
$50,747,849.56
$1,291,097.79
$52,870,809.73
$52,870,809.73
$52,870,809.73
$4,697,516.71
$55,827,296.56
$55,827,296.56
$55,827,296.56
$8,000,000.00
$55,827,296.56
$55,827,296.56
$55,827,296.56
$55,827,296.56
$1,785,109.32
$55,827,296.56
$57,868,196.07
$57,868,196.07
$57,868,196.07
$2,471,828.71
$57,868,196.07
$2,100,000.00
$60,334,092.51
$60,334,092.51
$60,334,092.51
$60,334,092.51
$1,200,000.00
$60,334,092.51
$0.00
$60,334,092.51
$0.00
$61,885,934.05
$61,885,934.05
$61,885,934.05
$61,885,934.05
$61,885,934.05
$3,141,678.31
$61,885,934.05
$3,500,000.00
$61,885,934.05
$2,145,444.09
$64,955,635.28
$64,955,635.28
$64,955,635.28
$64,955,635.28
$64,955,635.28
$64,955,635.28
$3,000,000.00
$64,955,635.28
$1,881,081.94
$69,786,931.84
$69,786,931.84
$69,786,931.84
$69,786,931.84
$1,383,146.84
$69,786,931.84
$1,000,000.00
$69,786,931.84
$1,000,000.00
$69,786,931.84
$500,000.00
$72,054,365.65
$72,054,365.65
$72,054,365.65
$72,054,365.65
$72,054,365.65
$0.00
$72,054,365.65
$73,953,562.21
$73,953,562.21
$73,953,562.21
$73,953,562.21
$73,953,562.21
$2,268,955.87
$73,953,562.21
$1,752,271.43
$75,110,881.77
$75,110,881.77
$75,110,881.77
$75,110,881.77
$75,110,881.77
$4,000,000.00
$75,110,881.77
$77,233,063.57
$77,233,063.57
$77,233,063.57
$77,233,063.57
$77,233,063.57
$77,233,063.57
$3,374,251.16
$77,977,329.50
$77,977,329.50
$77,977,329.50
Anticipated Arbitrage Rebate
($6,483,755.44)
Weighted Average Life of Future Funded Expenses (Days)
Percent Spent
48.23%
50.24%
50.24%
50.24%
53.05%
53.05%
53.05%
53.05%
53.05%
53.05%
53.05%
53.05%
54.99%
54.99%
54.99%
54.99%
57.34%
57.34%
57.34%
57.34%
57.34%
57.34%
58.81%
58.81%
58.81%
58.81%
58.81%
58.81%
58.81%
61.73%
61.73%
61.73%
61.73%
61.73%
61.73%
61.73%
66.32%
66.32%
66.32%
66.32%
66.32%
66.32%
66.32%
68.48%
68.48%
68.48%
68.48%
68.48%
68.48%
70.28%
70.28%
70.28%
70.28%
70.28%
70.28%
71.38%
71.38%
71.38%
71.38%
71.38%
71.38%
73.40%
73.40%
73.40%
73.40%
73.40%
73.40%
74.10%
74.10%
74.10%
Balance
$4,391,916.04
$2,268,955.87
($0.00)
$4,741,596.15
$1,785,109.32
($0.00)
$8,206,000.00
$6,206,000.00
$2,206,000.00
$210,155.31
$1,996,780.76
$2,040,899.51
($0.00)
$136.82
$2,471,965.53
$4,611,340.53
$2,145,444.09
($0.00)
$224.94
$1,212,178.91
$3,530,698.67
$8,926,092.70
$7,374,251.16
$3,374,251.16
($0.00)
$199.33
$3,179,919.32
$6,700,976.86
$8,849,653.81
$5,779,952.58
$4,000,000.00
$3,000,000.00
$924.87
$1,989.01
$3,028,938.46
$4,923,144.59
$91,848.03
$91,850.91
$91,891.39
$1,487,891.39
$2,500,962.63
$3,514,033.87
$4,020,569.50
$1,753,135.69
$864.26
$1,895.03
$1,960.34
$4,641,283.38
$4,685,402.13
$2,786,205.57
($0.00)
$742.02
$742.59
$2,291,159.68
$4,047,159.68
$2,889,840.12
$1,390,584.49
$1,390,829.51
$1,391,512.44
$5,422,850.83
$5,474,421.39
$3,352,239.59
$1,500,000.00
($0.00)
$1,352.15
$2,260.35
$3,406,728.72
$2,662,462.79
$24.82
$26.25
Description
Discover Bank CD 01/15/04 - .95% (Trans #41748)
Estimated Expenses
Capital City Bank 10/15/04 - 1.26% (Trans #46917)
Covest Bank CD 02/13/04 - 1.25% (Trans #39881)
Estimated Expenses
Community B&TC 3/15/04 - 1.0% (Trans 47552)
FFCB Note 3/5/04 - 5.04% (Trans #7100)
Wisconsin CB 3/6/07 - 2.5 (Trans 48318)
Republic Bank 3/6/07 - 2.55 (trans 48319)
FHLMC Note 3/15/07 - 2.15 (Trans 13332)
Community B&TC 3/15/04 - 1.0% (Trans 47552)
Coupon - FHLMC Note 3/15/07 - 2.15 (Trans 13332)
Expenses Wired
ISDLAF Interest
Discover Bank CD 4/15/04 - 3.16% (Trans #30900)
FHLMC 3.75% Note 4/15/04 - 2.95% (Trans #9974)
Expenses Wired
Community B&TC - 1.0% 6/15/04 (Trans 49539)
ISDLAF Interest
Heritage Bank CD 05/14/04 - 1.20% (Trans #41747)
Republic Bank CD 05/17/04 - 1.13% (Trans #42990)
JP Morgan Chase Bank 05/17/04 - 1.25% (Trans #45892)
Expenses Wired
MidAmerica 11/15/04 - 1.58 (Trans 50082)
Harris Roselle 12/15/04 - 1.549 (Trans 5008)
ISDLAF Interest
Capital City Bank 06/15/04 - 1.201% (Trans #40552)
Illinois National Bank CD 06/15/04 - 1.20% (Trans #46377)
Community B&TC - 1.0% 6/15/04 (Trans 49539)
Expenses Wired
Oak Brook Bank 1/14/05 (Trans 51803)
Oak Brook Bank 2/15/05 (Trans 51802)
FHLB Note 5/15/07 (Trans 13790)
ISDLAF Interest
Associated Bank CD 07/15/04- 1.20% (Trans #45211)
First Security Bank of Lexington - 1.20% (Trans #46376)
Expenses Wired
ISDLAF Interest
MAX Interest
FNMA Discount Note 08/13/04 - 1.12% (Trans #12904)
Mount Prospect National Bank 08/16/04 - 1.30% (Trans #42984)
Southwestern National Bank 08/16/04 - 1.30% (Trans #42985)
Northwestern State Bank of Orange County 08/16/04 - 1.30% (Trans #42989)
Expenses Wired
FNMA Discount Note 10/15/04 - 1.494% (Trans #14130)
ISDLAF Interest
MAX Interest
Regency Savings Bank 09/15/04 - 1.30% (Trans #43936)
Coupon - FHLMC Note 3/15/07 - 2.15 (Trans 13332)
Expenses Wired
Associated Bank CD 01/14/05- 1.77% (Trans #55939)
ISDLAF Interest
MAX Interest
Covest Bank CD 02/13/04 - 1.25% (Trans #39881)
FNMA Discount Note 10/15/04 - 1.494% (Trans #14130)
Expenses Wired
FHLMC 02/15/05 - 1.929% (Trans #14560)
ISDLAF Interest
MAX Interest
MidAmerica 11/15/04 - 1.58 (Trans 50082)
FHLB Note 5/15/07 (Trans 13790)
Expenses Wired
Oak Brook Bank 03/15/04 - 2.25% (Trans #57540)
Oak Brook Bank 04/15/04 - 2.30% (Trans #57539)
ISDLAF Interest
MAX Interest
Harris Roselle 12/15/04 - 1.549 (Trans 5008)
Expenses Wired
FNMA 12/09/05 - 2.79% (Trans #15015)
ISDLAF Interest
62
WM Rainey Harper College Referendum Bonds
PMA Financial Network Inc.
Date of Issue
Portfolio & Rebate
Liability Report
03/07/01
Arbitrage Allowable Yield
4.703700%
Original Expense Budget
$95,219,599.00
Portfolio Return for Arbitrage Purposes
3.500737%
Last Updated:
12/31/11
Original Interest Income:
Updated by Analyst:
Greg Sotiros
Total Estimated Interest Income
Date
01/14/05
01/14/05
01/14/05
01/14/05
01/14/05
01/31/05
02/15/05
02/15/05
02/15/05
02/16/05
02/28/05
02/28/05
03/15/05
03/15/05
03/15/05
03/15/05
03/31/05
04/15/05
04/15/05
04/30/05
04/30/05
05/13/05
05/15/05
05/15/05
05/26/05
05/31/05
05/31/05
06/17/05
06/17/05
06/30/05
06/30/05
07/15/05
07/22/05
07/31/05
07/31/05
08/15/05
08/16/05
08/24/05
08/31/05
08/31/05
09/15/05
09/15/05
09/20/05
09/20/05
09/20/05
09/20/05
09/20/05
09/20/05
09/20/05
09/20/05
09/20/05
09/20/05
09/20/05
09/20/05
09/20/05
09/20/05
09/20/05
09/30/05
09/30/05
10/18/05
10/31/05
10/31/05
11/15/05
11/15/05
11/16/05
11/30/05
11/30/05
12/09/05
12/15/05
12/15/05
Bond Proceeds
Investment Cost
Inv ID
EXPENSES
Projected
Actual
$2,000,000.00
$1,699,070.46
$1,771,309.95
$2,000,000.00
$2,280,745.19
$1,622,917.65
$1,900,000.00
$242,224.19
$1,500,000.00
$1,212,403.59
110
$0.00
$0.00
$100,000.00
$100,000.00
$100,000.00
$100,000.00
$100,000.00
$100,000.00
$100,000.00
$100,000.00
$100,000.00
$100,000.00
$649,471.51
$199,345.39
$199,948.40
$199,625.86
$199,293.20
$79,874.74
111
$1,700,000.00
$2,490,373.38
$241,431.50
109
$1,700,000.00
$2,031,193.15
$1,127,672.60
107
108
$732,393.28
$592,899.55
$448,821.86
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
127
$0.00
$0.00
$2,500,000.00
$611,105.30
$244,366.01
$638,192.96
11/30/11
$91,980,527.57
Current Projected Expenses
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
Today's Date
Original Bond Proceeds
$105,226,839.86
$8,086,568.63
$7,735,763.11
Current Interest Income Net of Rebate:
$13,246,312.29
Mat ID
Coupons and Interest
98
102
$17,409.41
$15,672.98
99
103
$1.26
$11,961.65
$9,744.37
96
104
$126.65
$1.05
$44,118.75
$12,902.25
105
$45.86
$13,610.97
107
100
$1,153.64
$124.06
$13,929.54
$52,150.00
108
$1,556.28
$634.33
$19,690.05
111
$1,071.96
$3.42
$7,806.85
109
$2,917.69
$2,083.96
$32,730.27
96
110
$1,396.26
$6,260.66
$44,118.75
$25,361.99
$727.01
$4,372.63
100
123
$0.33
$2,379.41
$52,150.00
$3,528.49
106
127
$67.34
$2,319.54
$73,562.03
$1,706.80
Page 6 of 10
$0.00
Above Arb. Line/(Below Arb. Line)
$13,246,312.29
Original Interest Income Net of Rebate:
Cumulative
Investment Maturity
Expenses
$77,977,329.50
$1,779,952.58
$77,977,329.50
$2,786,205.57
$79,105,002.10
$79,105,002.10
$79,105,002.10
$79,105,002.10
$79,105,002.10
$1,000,000.00
$79,105,002.10
$1,499,255.63
$79,346,433.60
$79,346,433.60
$79,346,433.60
$79,346,433.60
$79,346,433.60
$79,346,433.60
$1,852,239.59
$79,588,657.79
$79,588,657.79
$79,588,657.79
$79,588,657.79
$1,500,000.00
$80,801,061.38
$80,801,061.38
$80,801,061.38
$80,801,061.38
$1,699,070.46
$80,801,061.38
$80,880,936.12
$80,880,936.12
$80,880,936.12
$80,880,936.12
$80,880,936.12
$1,771,309.95
$81,613,329.40
$81,613,329.40
$81,613,329.40
$81,613,329.40
$2,031,193.15
$82,206,228.95
$82,206,228.95
$82,206,228.95
$82,206,228.95
$2,280,745.19
$82,655,050.81
$82,655,050.81
$82,655,050.81
$82,655,050.81
$82,655,050.81
$82,655,050.81
$1,622,917.65
$82,655,050.81
$82,655,050.81
$82,655,050.81
$82,655,050.81
$82,655,050.81
$82,655,050.81
$82,655,050.81
$82,655,050.81
$82,655,050.81
$82,655,050.81
$82,655,050.81
$82,655,050.81
$82,655,050.81
$82,655,050.81
$82,655,050.81
$82,655,050.81
$82,655,050.81
$83,266,156.11
$83,266,156.11
$83,266,156.11
$83,266,156.11
$83,266,156.11
$649,471.51
$83,510,522.12
$83,510,522.12
$83,510,522.12
$83,510,522.12
$2,662,437.97
$83,510,522.12
$199,293.20
$84,148,715.08
Anticipated Arbitrage Rebate
($6,483,755.44)
Weighted Average Life of Future Funded Expenses (Days)
Percent Spent
74.10%
74.10%
75.18%
75.18%
75.18%
75.18%
75.18%
75.18%
75.41%
75.41%
75.41%
75.41%
75.41%
75.41%
75.64%
75.64%
75.64%
75.64%
76.79%
76.79%
76.79%
76.79%
76.79%
76.86%
76.86%
76.86%
76.86%
76.86%
77.56%
77.56%
77.56%
77.56%
78.12%
78.12%
78.12%
78.12%
78.55%
78.55%
78.55%
78.55%
78.55%
78.55%
78.55%
78.55%
78.55%
78.55%
78.55%
78.55%
78.55%
78.55%
78.55%
78.55%
78.55%
78.55%
78.55%
78.55%
78.55%
78.55%
78.55%
79.13%
79.13%
79.13%
79.13%
79.13%
79.36%
79.36%
79.36%
79.36%
79.36%
79.97%
Balance
$1,797,388.24
$4,599,266.79
$3,471,594.19
$1,772,523.73
$1,213.78
$1,215.04
$1,013,176.69
$2,522,176.69
$2,280,745.19
($0.00)
$126.65
$127.70
$44,246.45
$1,909,388.29
$1,667,164.10
$44,246.45
$44,292.31
$1,557,903.28
$345,499.69
$346,653.33
$346,777.39
$2,059,777.39
$2,111,927.39
$2,032,052.65
$859.50
$2,415.78
$3,050.11
$1,794,050.11
$1,061,656.83
$1,062,728.79
$1,062,732.21
$3,101,732.21
$2,508,832.66
$2,511,750.35
$2,513,834.31
$4,827,309.77
$4,378,487.91
$1,888,114.53
$1,889,510.79
$1,895,771.45
$1,939,890.20
$3,588,169.84
$3,488,169.84
$3,388,169.84
$3,288,169.84
$3,188,169.84
$3,088,169.84
$2,988,169.84
$2,888,169.84
$2,788,169.84
$2,688,169.84
$2,588,169.84
$1,938,698.33
$1,739,352.94
$1,539,404.54
$1,339,778.68
$1,140,485.48
$1,141,212.49
$1,145,585.12
$534,479.82
$534,480.15
$536,859.56
$589,009.56
$1,242,009.56
$997,643.55
$997,710.89
$1,000,030.43
$3,736,030.43
$3,937,030.43
$3,298,837.47
Description
Oak Brook Bank 1/14/05 (Trans 51803)
Associated Bank CD 01/14/05- 1.77% (Trans #55939)
Expenses Wired
FNMA Disco. Note 5/13/05 2.52% (Trans #15221)
FNMA Disco. Note 6/17/05 2.64% (Trans #15222)
MAX Interest
Oak Brook Bank 2/15/05 (Trans 51802)
FHLMC 02/15/05 - 1.929% (Trans #14560)
Expenses Wired
Liberty Bank FSB 8/15/05 - 2.910% (Trans #60100)
ISDLAF Interest
MAX Interest
Coupon - FHLMC Note 3/15/07 - 2.15 (Trans 13332)
Oak Brook Bank 03/15/04 - 2.25% (Trans #57540)
Expenses Wired
Oak Brook Bank 09/15/05 - 3.10% (Trans #60832)
ISDLAF Interest
Oak Brook Bank 04/15/04 - 2.30% (Trans #57539)
Expenses Wired
ISDLAF Interest
MAX Interest
FNMA Disco. Note 5/13/05 2.52% (Trans #15221)
FHLB Note 5/15/07 (Trans 13790)
Expenses Wired
FNMA Disco. Note 7/14/05 2.86% (Trans #16059)
ISDLAF Interest
MAX Interest
FNMA Disco. Note 6/17/05 2.64% (Trans #15222)
Expenses Wired
ISDLAF Interest
MAX Interest
FNMA Disco. Note 7/14/05 2.86% (Trans #16059)
Expenses Wired
ISDLAF Interest
MAX Interest
Liberty Bank FSB 8/15/05 - 2.910% (Trans #60100)
Expenses Wired
FHLMC Note 8/3/07 - 4.076% (Trans #16951)
ISDLAF Interest
MAX Interest
Coupon - FHLMC Note 3/15/07 - 2.15 (Trans 13332)
Oak Brook Bank 09/15/05 - 3.10% (Trans #60832)
Metropolitan National Bank 8/15/06 - 3.97% (Trans #68363)
Flagstar Bank 8/15/06 - 3.967% (Trans #68364)
The First, NA/First NB of Damariscot 7/17/06 (Trans #68365)
Imperial Capital Bank 7/17/06 (Trans #68366)
Park National Bank and Trust 6/15/06 (Trans #68367)
North Houston Bank 6/15/06 (Trans #68368)
Bank USA, FSB 5/15/06 (Trans #68369)
Pullman Bank and TC 5/15/06 (Trans #68370)
Cosmopolitan Bank & Trust 4/17/06 (Trans #68371)
Cole Taylor Bank (N) 4/17/06 (Trans #68372)
FHLMC Disco. 11/15/05 (Trans #17264)
FHLB Disco. 3/15/06 (Trans #17265)
FHLMC Disco. 2/15/06 (Trans #17266)
FHLB Disco. 1/17/06 (Trans #17267)
FHLMC Disco. 12/15/05 (Trans #17268)
ISDLAF Interest
MAX Interest
Expenses Wired
ISDLAF Interest
MAX Interest
FHLB Note 5/15/07 (Trans 13790)
FHLMC Disco. 11/15/05 (Trans #17264)
Expenses Wired
ISDLAF Interest
MAX Interest
FNMA 12/09/05 - 2.79% (Trans #15015)
FHLMC Disco. 12/15/05 (Trans #17268)
Expenses Wired
62
WM Rainey Harper College Referendum Bonds
PMA Financial Network Inc.
Date of Issue
Portfolio & Rebate
Liability Report
03/07/01
Arbitrage Allowable Yield
4.703700%
Original Expense Budget
$95,219,599.00
Portfolio Return for Arbitrage Purposes
3.500737%
Last Updated:
12/31/11
Original Interest Income:
Updated by Analyst:
Greg Sotiros
Total Estimated Interest Income
Date
12/31/05
12/31/05
01/11/06
01/17/06
01/17/06
01/31/06
01/31/06
02/03/06
02/15/06
02/21/06
02/28/06
02/28/06
03/15/06
03/15/06
03/15/06
03/15/06
03/16/06
03/31/06
03/31/06
04/17/06
04/17/06
04/17/06
04/30/06
04/30/06
05/15/06
05/15/06
05/15/06
05/15/06
05/31/06
05/31/06
06/08/06
06/08/06
06/15/06
06/15/06
06/15/06
06/30/06
06/30/06
07/17/06
07/17/06
07/17/06
07/31/06
07/31/06
08/03/06
08/15/06
08/15/06
08/16/06
08/29/06
08/30/06
08/30/06
08/31/06
08/31/06
09/15/06
09/15/06
09/15/06
09/18/06
09/30/06
10/13/06
10/23/06
10/31/06
11/15/06
11/15/06
11/15/06
11/30/06
12/31/06
01/04/07
01/31/07
02/03/07
02/28/07
03/06/07
03/06/07
Bond Proceeds
Investment Cost
$1,198,250.20
Inv ID
EXPENSES
Projected
Actual
128
$202,000.00
$200,000.00
$16,392.56
$203,000.00
$265,242.91
$203,000.00
$6,375.84
129
$204,437.67
$205,064.68
$0.00
$35,511.90
($274,337.06)
($2,318,709.63)
$205,727.12
$206,468.51
$0.00
$207,154.18
$2,499,741.61
$2,499,065.59
$44,786.87
$132,813.92
$500.00
$207,154.18
130
131
$179,101.94
$179,101.94
$33,462.74
$33,462.74
$68,657.69
$68,657.69
$495,731.54
$495,731.54
11/30/11
$91,980,527.57
Current Projected Expenses
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
Today's Date
Original Bond Proceeds
$105,226,839.86
$8,086,568.63
$7,735,763.11
Current Interest Income Net of Rebate:
$13,246,312.29
Mat ID
Coupons and Interest
$5,774.72
$3,315.03
126
$2,374.14
112
125
$3,102.14
$5,641.71
$46,875.00
$3,051.60
96
124
$44,118.75
$3,654.61
$28,640.63
121
122
$161.04
$8,504.07
$2,233.15
$2,204.52
100
119
120
$593.57
$8,476.57
$52,150.00
$2,532.34
$2,532.34
117
118
$1,456.23
$9,160.16
$13,814.88
$10,527.83
$2,863.56
$2,863.56
115
116
$9,796.51
$9,135.11
$3,254.80
$3,213.71
112
113
114
$13,427.82
$9,791.43
$46,875.00
$3,578.44
$3,575.74
$13,610.85
$9,578.95
$44,118.75
$4,868.31
$28,640.63
96
129
130
$3,532.30
$15,258.39
100
131
$10,260.96
$52,150.00
$26,934.41
$19,286.38
$24,883.86
$22,856.61
$46,875.00
$20,608.00
$153,078.37
$306,279.46
112
94
95
Page 7 of 10
$0.00
Above Arb. Line/(Below Arb. Line)
$13,246,312.29
Original Interest Income Net of Rebate:
Cumulative
Investment Maturity
Expenses
$84,148,715.08
$84,148,715.08
$84,148,715.08
$84,148,715.08
$199,625.86
$84,165,107.64
$84,165,107.64
$84,165,107.64
$84,165,107.64
$84,165,107.64
$199,948.40
$84,430,350.55
$84,430,350.55
$233.85
$84,430,350.55
$7,424.57
$84,430,350.55
$84,430,350.55
$199,345.39
$84,436,726.39
$84,436,726.39
$84,436,726.39
$84,436,726.39
$84,436,726.39
$84,436,726.39
$100,000.00
$84,436,726.39
$100,000.00
$84,436,726.39
$84,436,726.39
$84,436,726.39
$84,436,726.39
$84,436,726.39
$100,000.00
$84,436,726.39
$100,000.00
$84,472,238.29
$84,472,238.29
$84,472,238.29
$84,197,901.23
$81,879,191.60
$81,879,191.60
$100,000.00
$81,879,191.60
$100,000.00
$81,923,978.47
$81,923,978.47
$81,923,978.47
$81,923,978.47
$100,000.00
$81,923,978.47
$100,000.00
$82,056,792.39
$82,056,792.39
$82,056,792.39
$82,056,792.39
$82,056,792.39
$100,000.00
$82,056,792.39
$100,000.00
$82,057,292.39
$82,264,446.57
$82,264,446.57
$82,264,446.57
$82,264,446.57
$82,264,446.57
$82,264,446.57
$82,264,446.57
$200,000.00
$82,264,446.57
$82,443,548.51
$82,443,548.51
$82,443,548.51
$2,499,741.61
$82,477,011.25
$82,477,011.25
$82,477,011.25
$82,477,011.25
$2,499,065.59
$82,545,668.94
$82,545,668.94
$82,545,668.94
$83,041,400.48
$83,041,400.48
$83,041,400.48
$83,041,400.48
$83,041,400.48
$2,000,000.00
$83,041,400.48
$4,000,000.00
Anticipated Arbitrage Rebate
($6,483,755.44)
Weighted Average Life of Future Funded Expenses (Days)
Percent Spent
79.97%
79.97%
79.97%
79.97%
79.98%
79.98%
79.98%
79.98%
79.98%
80.24%
80.24%
80.24%
80.24%
80.24%
80.24%
80.24%
80.24%
80.24%
80.24%
80.24%
80.24%
80.24%
80.24%
80.24%
80.24%
80.24%
80.24%
80.28%
80.28%
80.28%
80.02%
77.81%
77.81%
77.81%
77.85%
77.85%
77.85%
77.85%
77.85%
77.98%
77.98%
77.98%
77.98%
77.98%
77.98%
77.98%
78.18%
78.18%
78.18%
78.18%
78.18%
78.18%
78.18%
78.18%
78.35%
78.35%
78.35%
78.38%
78.38%
78.38%
78.38%
78.45%
78.45%
78.45%
78.92%
78.92%
78.92%
78.92%
78.92%
78.92%
Balance
$3,304,612.19
$3,307,927.22
$2,109,677.02
$2,311,677.02
$2,295,284.46
$2,298,386.60
$2,304,028.31
$2,350,903.31
$2,553,903.31
$2,288,660.40
$2,288,894.25
$2,296,318.82
$2,340,437.57
$2,543,437.57
$2,537,061.73
$2,565,702.36
$2,365,702.36
$2,365,863.40
$2,374,367.47
$2,476,600.62
$2,578,805.14
$2,578,805.14
$2,579,398.71
$2,587,875.28
$2,640,025.28
$2,742,557.62
$2,845,089.96
$2,809,578.06
$2,811,034.29
$2,820,194.45
$3,108,346.39
$5,437,583.85
$5,540,447.41
$5,643,310.97
$5,598,524.10
$5,608,320.61
$5,617,455.72
$5,720,710.52
$5,823,924.23
$5,691,110.31
$5,704,538.13
$5,714,329.56
$5,761,204.56
$5,864,783.00
$5,968,358.74
$5,967,858.74
$5,760,704.56
$3,260,962.95
$761,897.36
$775,508.21
$785,087.16
$829,205.91
$1,034,074.22
$1,062,714.85
$883,612.91
$887,145.21
$3,402,145.21
$3,368,682.47
$3,378,943.43
$3,431,093.43
$5,957,093.43
$5,888,435.74
$5,907,722.12
$5,932,605.98
$5,436,874.44
$5,459,731.05
$5,506,606.05
$5,527,214.05
$7,680,292.42
$11,986,571.88
Description
ISDLAF Interest
MAX Interest
FHLM Disco due 3/15/07 Trans#18042
FHLB Disco. 1/17/06 (Trans #17267)
Expenses Wired
ISDLAF Interest
MAX Interest
Coupon - FHLMC Note 8/3/07 - 4.076% (Trans #16951)
FHLMC Disco. 2/15/06 (Trans #17266)
Expenses Wired
ISDLAF Interest
MAX Interest
Coupon - FHLMC Note 3/15/07 - 2.15 (Trans 13332)
FHLB Disco. 3/15/06 (Trans #17265)
Expenses Wired
Coupon - FHLM Note 3/15/07 Trans#18042
Two CD's Trans's#72399,72400. Due 9/15/06
ISDLAF Interest
MAX Interest
Cosmopolitan Bank & Trust 4/17/06 (Trans #68371)
Cole Taylor Bank (N) 4/17/06 (Trans #68372)
Expenses Wired
ISDLAF Interest
MAX Interest
FHLB Note 5/15/07 (Trans 13790)
Bank USA, FSB 5/15/06 (Trans #68369)
Pullman Bank and TC 5/15/06 (Trans #68370)
Expenses Wired
ISDLAF Interest
MAX Interest
Breakdown of interst and principal refunded
Breakdown of interst and principal refunded
Park National Bank and Trust 6/15/06 (Trans #68367)
North Houston Bank 6/15/06 (Trans #68368)
Expenses Wired
ISDLAF Interest
MAX Interest
The First, NA/First NB of Damariscot 7/17/06 (Trans #68365)
Imperial Capital Bank 7/17/06 (Trans #68366)
Expenses Wired
ISDLAF Interest
MAX Interest
Coupon - FHLMC Note 8/3/07 - 4.076% (Trans #16951)
Metropolitan National Bank 8/15/06 - 3.97% (Trans #68363)
Flagstar Bank 8/15/06 - 3.967% (Trans #68364)
Expenses Wired
Expenses Wired
Federal National Mortgage, due 10/13/06, trans#19526
Federal Home Loan, due 11/15/06, trans# 19527
ISDLAF Interest
MAX Interest
Coupon - FHLMC Note 3/15/07 - 2.15 (Trans 13332)
Two CD's Trans's#72399,72400. Due 9/15/06
Coupon - FHLM Note 3/15/07 Trans#18042
Expenses Wired
ISDLAF Interest
Federal National Mortgage, due 10/13/06, trans#19526
Expenses Wired
ISDLAF Interest
FHLB Note 5/15/07 (Trans 13790)
Federal Home Loan, due 11/15/06, trans# 19527
Expenses Wired
ISDLAF Interest
ISDLAF Interest
Expenses Wired
ISDLAF Interest
Coupon - FHLMC Note 8/3/07 - 4.076% (Trans #16951)
ISDLAF Interest
Wisconsin CD 3/6/07 - 2.5 (Trans 48318)
Republic Bank 3/6/07 - 2.55 (trans 48319)
62
WM Rainey Harper College Referendum Bonds
PMA Financial Network Inc.
Date of Issue
Portfolio & Rebate
Liability Report
4.703700%
Original Expense Budget
$95,219,599.00
Portfolio Return for Arbitrage Purposes
3.500737%
12/31/11
Original Interest Income:
Updated by Analyst:
Greg Sotiros
Total Estimated Interest Income
Date
Bond Proceeds
Investment Cost
Inv ID
EXPENSES
Projected
Actual
$8,000,000.00
$288,469.82
$475,085.18
$288,469.82
($212,004.85)
$5,000,000.00
$5,000,000.00
$2,500,000.00
$2,500,000.00
$5,000,000.00
114873
114874
114875
114876
114877
$6,000,000.00
126935
$3,000,000.00
$0.00
$5,000,000.00
$0.00
$5,000,000.00
$5,000,000.00
$5,092,409.32
130523
$5,000,000.00
$5,000,000.00
$5,000,000.00
132714
132715-718
$5,000,000.00
$0.00
$5,000,000.00
$0.00
$1,500,000.00
11/30/11
Arbitrage Allowable Yield
Last Updated:
03/15/07
03/15/07
03/15/07
03/15/07
03/31/07
04/30/07
04/30/07
05/04/07
05/15/07
05/15/07
05/31/07
06/30/07
07/31/07
08/03/07
08/31/07
09/30/07
10/31/07
11/30/07
12/31/07
01/31/08
02/29/08
03/31/08
04/30/08
05/31/08
06/30/08
07/31/08
08/26/08
08/26/08
08/26/08
08/26/08
08/26/08
08/31/08
09/30/08
10/31/08
11/30/08
12/31/08
12/31/08
01/15/09
01/15/09
01/15/09
01/31/09
01/31/09
02/13/09
02/13/09
02/14/09
02/28/09
03/16/09
03/17/09
03/18/09
03/31/09
04/15/09
04/16/09
04/30/09
04/30/09
05/05/09
05/05/09
05/15/09
05/31/09
06/15/09
06/18/09
06/30/09
06/30/09
07/15/09
07/31/09
08/15/09
08/17/09
08/31/09
09/15/09
09/30/09
09/30/09
Today's Date
$91,980,527.57
Current Projected Expenses
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
03/07/01
Original Bond Proceeds
$105,226,839.86
Anticipated Arbitrage Rebate
$8,086,568.63
$13,246,312.29
Original Interest Income Net of Rebate:
$7,735,763.11
Current Interest Income Net of Rebate:
$13,246,312.29
Cumulative
Investment Maturity
Mat ID
Coupons and Interest
Expenses
$83,041,400.48
$1,810,000.00
96
$44,118.75
$83,041,400.48
$1,175,000.00
128
$0.00
$83,516,485.66
$83,516,485.66
$28,640.63
$83,516,485.66
$51,559.60
$83,804,955.48
$83,804,955.48
$58,965.52
$83,592,950.63
$83,592,950.63
$2,980,000.00
100
$52,150.00
$83,592,950.63
$83,592,950.63
$68,003.86
$83,592,950.63
$71,848.50
$83,592,950.63
$74,457.85
$83,592,950.63
$2,500,000.00
112
$46,875.00
$83,592,950.63
$85,904.19
$83,592,950.63
$85,816.58
$83,592,950.63
$85,655.51
$83,592,950.63
$78,195.71
$83,592,950.63
$80,380.70
$83,592,950.63
$76,240.23
$83,592,950.63
$58,439.42
$83,592,950.63
$52,336.69
$83,592,950.63
$46,133.72
$83,592,950.63
$43,499.45
$83,592,950.63
$40,473.88
$83,592,950.63
$41,905.16
$83,592,950.63
$83,592,950.63
$83,592,950.63
$83,592,950.63
$83,592,950.63
$83,592,950.63
$34,566.74
$83,592,950.63
$2,533.13
$83,592,950.63
$2,321.54
$83,592,950.63
$1,439.24
$83,592,950.63
$669.45
$83,592,950.63
$4.05
$83,592,950.63
$5,000,000.00
114877
$55,308.32
$83,592,950.63
$83,592,950.63
$83,592,950.63
$2.63
$83,592,950.63
$0.28
$83,592,950.63
$2,500,000.00
114875
$37,599.13
$83,592,950.63
$2,500,000.00
114876
$37,596.59
$83,592,950.63
$83,592,950.63
$14.78
$83,592,950.63
$5,000,000.00
114874
$92,409.04
$83,592,950.63
$83,592,950.63
$83,592,950.63
$172.11
$83,592,950.63
$5,000,000.00
114873
$107,419.18
$83,592,950.63
$83,592,950.63
$153.84
$83,592,950.63
$0.00
$83,592,950.63
$83,592,950.63
$83,592,950.63
$6,000,000.00
126935
$29,585.02
$83,592,950.63
$723.79
$83,592,950.63
$83,592,950.63
$5,092,409.32
130523
$8,984.97
$83,592,950.63
$0.00
$83,592,950.63
$20.74
$83,592,950.63
$83,592,950.63
$0.00
$83,592,950.63
$83,592,950.63
$5,000,000.00 132715-718
$5,274.67
$83,592,950.63
$0.00
$83,592,950.63
$5,000,000.00
132714
$11,660.28
$83,592,950.63
$39.56
$83,592,950.63
$43.85
Page 8 of 10
$0.00
Above Arb. Line/(Below Arb. Line)
($6,483,755.44)
Weighted Average Life of Future Funded Expenses (Days)
Percent Spent
78.92%
78.92%
79.37%
79.37%
79.37%
79.64%
79.64%
79.44%
79.44%
79.44%
79.44%
79.44%
79.44%
79.44%
79.44%
79.44%
79.44%
79.44%
79.44%
79.44%
79.44%
79.44%
79.44%
79.44%
79.44%
79.44%
79.44%
79.44%
79.44%
79.44%
79.44%
79.44%
79.44%
79.44%
79.44%
79.44%
79.44%
79.44%
79.44%
79.44%
79.44%
79.44%
79.44%
79.44%
79.44%
79.44%
79.44%
79.44%
79.44%
79.44%
79.44%
79.44%
79.44%
79.44%
79.44%
79.44%
79.44%
79.44%
79.44%
79.44%
79.44%
79.44%
79.44%
79.44%
79.44%
79.44%
79.44%
79.44%
79.44%
79.44%
Balance
$13,840,690.63
$15,015,690.63
$14,540,605.45
$14,569,246.08
$14,620,805.68
$14,332,335.86
$14,391,301.38
$14,603,306.23
$17,635,456.23
$17,635,456.23
$17,703,460.09
$17,775,308.59
$17,849,766.44
$20,396,641.44
$20,482,545.63
$20,568,362.21
$20,654,017.72
$20,732,213.43
$20,812,594.13
$20,888,834.36
$20,947,273.78
$20,999,610.47
$21,045,744.19
$21,089,243.64
$21,129,717.52
$21,171,622.68
$16,171,622.68
$11,171,622.68
$8,671,622.68
$6,171,622.68
$1,171,622.68
$1,206,189.42
$1,208,722.55
$1,211,044.09
$1,212,483.33
$1,213,152.78
$1,213,156.83
$6,268,465.15
$6,268,465.15
$268,465.15
$268,467.78
$268,468.06
$2,806,067.19
$5,343,663.78
$5,343,663.78
$5,343,678.56
$10,436,087.60
$10,436,087.60
$5,343,678.28
$5,343,850.39
$10,451,269.57
$10,451,269.57
$10,451,423.41
$10,451,423.41
$5,451,423.41
$451,423.41
$6,481,008.43
$6,481,732.22
$6,481,732.22
$11,583,126.51
$11,583,126.51
$11,583,147.25
$11,583,147.25
$11,583,147.25
$11,583,147.25
$16,588,421.92
$16,588,421.92
$21,600,082.20
$21,600,121.76
$21,600,165.61
Description
FHLMC Note 3/15/07 - 2.15 (Trans 13332)
FHLM Disco due 3/15/07 Trans#18042
Expenses Wired
Coupon - FHLM Note 3/15/07 Trans#18042
ISDLAF Interest
Expenses Wired
ISDLAF Interest
Return Expenses
FHLB Note 5/15/07 (Trans 13790)
Expenses Wired
ISDLAF Interest
ISDLAF Interest
ISDLAF Interest
FHLMC Note 8/3/07 - 4.076% (Trans #16951)
ISDLAF Interest
ISDLAF Interest
ISDLAF Interest
ISDLAF Interest
ISDLAF Interest
ISDLAF Interest
ISDLAF Interest
ISDLAF Interest
ISDLAF Interest
ISDLAF Interest
ISDLAF Interest
ISDLAF Interest
American National Bank CD
Harris Bank - Palatine CD
Home State Bank CD
East Carolina Bank CD
Harris Bank - Palatine CD
ISDLAF Interest
ISDLAF Interest
ISDLAF Interest
ISDLAF Interest
ISDLAF Interest
Federated Interest
Harris Bank - Palatine CD
Expenses
Harris Bank - Palatine CD
Federated Interest
ISDLAF Interest
Home State Bank CD
East Carolina Bank CD
Expenses
Federated Interest
Harris Bank - Palatine CD
Expenses
Charter One Bank
ISDLAF Interest
American National Bank CD
Expenses
ISDLAF Interest
Federated Interest
Charter One Bank CD due 9/15/09
Charter One Bank plus three FDIC CD's due 8/17/09
Harris Bank - Palatine CD
ISDLAF Interest
Expenses
Charter One Bank
Federated Interest
ISDLAF Interest
Expenses
Federated Interest
Expenses
Charter One Bank plus three FDIC CD's due 8/17/09
Federated Interest
Charter One Bank CD due 9/15/09
Federated Interest
62
WM Rainey Harper College Referendum Bonds
PMA Financial Network Inc.
Date of Issue
Portfolio & Rebate
Liability Report
03/07/01
Arbitrage Allowable Yield
4.703700%
Original Expense Budget
$95,219,599.00
Portfolio Return for Arbitrage Purposes
3.500737%
Last Updated:
12/31/11
Original Interest Income:
Updated by Analyst:
Greg Sotiros
Total Estimated Interest Income
Date
10/02/09
10/27/09
10/31/09
11/20/09
11/30/09
12/23/09
12/31/09
12/31/09
12/31/09
01/28/10
01/31/10
01/31/10
02/01/10
02/28/10
02/28/10
03/22/10
03/31/10
03/31/10
04/01/10
04/09/10
04/09/10
04/09/10
04/09/10
04/30/10
04/30/10
05/01/10
05/03/10
05/31/10
05/31/10
06/01/10
06/01/10
06/08/10
06/08/10
06/15/10
06/30/10
06/30/10
07/31/10
07/31/10
08/31/10
08/31/10
09/15/10
09/21/10
09/30/10
09/30/10
10/15/10
10/19/10
10/19/10
10/19/10
10/31/10
10/31/10
11/15/10
11/22/10
11/30/10
11/30/10
12/15/10
12/31/10
12/31/10
01/14/11
01/28/11
01/31/11
01/31/11
02/22/11
02/28/11
02/28/11
03/31/11
03/31/11
04/21/11
04/30/11
04/30/11
05/19/11
Bond Proceeds
Investment Cost
$350,000.00
$2,406,100.00
$1,000,592.06
$1,000,409.66
$999,731.53
$1,000,006.43
Inv ID
EXPENSES
Projected
Actual
142671-672
143544-554
$2,600,000.00
$3,576,796.12
$2,600,000.00
$1,797,365.07
$2,600,000.00
$507,224.85
$2,600,000.00
$0.00
$2,600,000.00
$572,043.57
$2,600,000.00
$0.00
23388
23389
23390
23391
$2,600,000.00
$498,700.00
$1,500,000.00
$1,499,294.27
150589-590
151179
23445
$2,400,000.00
$1,734,009.06
$100,000.00
$249,100.00
$249,400.00
$978,213.47
$1,734,009.06
157493
157494
157495
$4,539,103.53
$500,000.00
$4,539,103.53
$530,868.72
11/30/11
$91,980,527.57
Current Projected Expenses
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
Today's Date
Original Bond Proceeds
$105,226,839.86
$8,086,568.63
$7,735,763.11
Current Interest Income Net of Rebate:
$13,246,312.29
Mat ID
Coupons and Interest
$180.94
$184.40
142671-672
$2.50
$158.31
$235.85
$113.83
$68.50
$99.40
$58.20
$108.55
$53.81
$77.80
$41.22
143547-554
$3,585.08
$71.30
$70.60
143544-546
$1,211.83
23388
$307.55
$45.82
$37.51
$196.74
$38.67
$205.36
$407.94
23389
$37.08
$155.86
$590.34
23391
$30.12
$166.01
$993.57
23390
150589-590
$23.05
$138.01
$1,268.47
$7.19
$108.18
$1,149.87
$10.77
$147.47
$5.88
$9.70
$183.38
$42.98
$179.69
$3,705.73
$62.18
$102.30
$14,175.89
23445
151179
Page 9 of 10
$0.00
Above Arb. Line/(Below Arb. Line)
$13,246,312.29
Original Interest Income Net of Rebate:
Cumulative
Investment Maturity
Expenses
$83,592,950.63
$83,592,950.63
$83,592,950.63
$87,169,746.75
$87,169,746.75
$88,967,111.82
$88,967,111.82
$88,967,111.82
$88,967,111.82
$350,000.00
$89,474,336.67
$89,474,336.67
$89,474,336.67
$89,474,336.67
$89,474,336.67
$89,474,336.67
$90,046,380.24
$90,046,380.24
$90,046,380.24
$90,046,380.24
$90,046,380.24
$90,046,380.24
$90,046,380.24
$90,046,380.24
$90,046,380.24
$90,046,380.24
$90,046,380.24
$90,046,380.24
$1,906,100.00
$90,046,380.24
$90,046,380.24
$90,046,380.24
$90,046,380.24
$500,000.00
$90,046,380.24
$90,046,380.24
$91,024,593.71
$91,024,593.71
$91,024,593.71
$91,024,593.71
$91,024,593.71
$91,024,593.71
$91,024,593.71
$91,024,593.71
$1,000,592.06
$92,758,602.77
$92,758,602.77
$92,758,602.77
$92,758,602.77
$1,000,409.66
$92,758,602.77
$92,758,602.77
$92,758,602.77
$92,758,602.77
$92,758,602.77
$92,758,602.77
$1,000,006.43
$97,297,706.30
$97,297,706.30
$97,297,706.30
$97,297,706.30
$999,731.53
$97,297,706.30
$97,297,706.30
$97,297,706.30
$498,700.00
$97,828,575.02
$97,828,575.02
$97,828,575.02
$97,828,575.02
$97,828,575.02
$97,828,575.02
$97,828,575.02
$97,828,575.02
$97,828,575.02
$1,499,294.27
$97,828,575.02
$97,828,575.02
$97,828,575.02
$1,500,000.00
Anticipated Arbitrage Rebate
($6,483,755.44)
Weighted Average Life of Future Funded Expenses (Days)
Percent Spent
79.44%
79.44%
79.44%
82.84%
82.84%
84.55%
84.55%
84.55%
84.55%
85.03%
85.03%
85.03%
85.03%
85.03%
85.03%
85.57%
85.57%
85.57%
85.57%
85.57%
85.57%
85.57%
85.57%
85.57%
85.57%
85.57%
85.57%
85.57%
85.57%
85.57%
85.57%
85.57%
85.57%
86.50%
86.50%
86.50%
86.50%
86.50%
86.50%
86.50%
86.50%
88.15%
88.15%
88.15%
88.15%
88.15%
88.15%
88.15%
88.15%
88.15%
88.15%
92.46%
92.46%
92.46%
92.46%
92.46%
92.46%
92.46%
92.97%
92.97%
92.97%
92.97%
92.97%
92.97%
92.97%
92.97%
92.97%
92.97%
92.97%
92.97%
Balance
$21,250,165.61
$18,844,065.61
$18,844,246.55
$15,267,450.43
$15,267,634.83
$13,470,269.76
$13,470,272.26
$13,470,430.57
$13,820,666.42
$13,313,441.57
$13,313,555.40
$13,313,623.90
$13,313,623.90
$13,313,723.30
$13,313,781.50
$12,741,737.93
$12,741,846.48
$12,741,900.29
$12,741,900.29
$11,741,308.23
$10,740,898.57
$9,741,167.04
$8,741,160.61
$8,741,238.41
$8,741,279.63
$8,741,279.63
$10,650,964.71
$10,651,036.01
$10,651,106.61
$10,152,406.61
$10,653,618.44
$9,153,618.44
$7,654,324.17
$6,676,110.70
$6,676,418.25
$6,676,464.07
$6,676,501.58
$6,676,698.32
$6,676,736.99
$6,676,942.35
$7,677,942.35
$5,943,933.29
$5,943,970.37
$5,944,126.23
$6,945,126.23
$6,845,126.23
$6,596,026.23
$6,346,626.23
$6,346,656.35
$6,346,822.36
$7,347,822.36
$2,808,718.83
$2,808,741.88
$2,808,879.89
$3,809,879.89
$3,809,887.08
$3,809,995.26
$4,309,845.13
$3,778,976.41
$3,778,987.18
$3,779,134.65
$3,779,140.53
$3,779,150.23
$3,779,333.61
$3,779,376.59
$3,779,556.28
$5,282,556.28
$5,282,618.46
$5,282,720.76
$6,796,896.65
Description
Two FDIC CD's due 12/31/09
11 FDIC CD's due 5/3/10
Federated Interest
Expenses
Federated Interest
Expense
ISDLAF Interest
Federated Interest
Two FDIC CD's due 12/31/09
Expense
Federated Interest
ISDLAF Interest
Expenses
Federated Interest
ISDLAF Interest
Expenses
Federated Interest
ISDLAF Interest
Expenses
FNMA due 9/15/10
FHLMC due 10/15/10
FHLMC due 12/15/10
FHLMC due 11/15/10
Federated Interest
ISDLAF Interest
Expenses
Fight FDIC CD's due 5/3/10
Federated Interest
ISDLAF Interest
Two FDIC CD's due 1/14/11
Three FDIC CD's due 6/1/10
Harris Bank CD due 5/19/11
FHLMC due 4/21/11
Expenses
ISDLAF Interest
Federated Interest
Federated Interest
ISDLAF Interest
Federated Interest
ISDLAF Interest
FNMA due 9/15/10
Expenses
Federated Interest
ISDLAF Interest
FHLMC due 10/15/10
FDIC CD due 5/19/11
FDIC CD due 5/19/11
FDIC CD due 5/19/11
Federated Interest
ISDLAF Interest
FHLMC due 11/15/10
Expenses
Federated Interest
ISDLAF Interest
FHLMC due 12/15/10
Federated
ISDLAF Interest
Two FDIC CD's due 1/14/11
Expenses
Federated
ISDLAF Interest
Federated Interest
SDA Interest
ISDLAF Interest
SDA Interest
ISDLAF Interest
FHLMC due 4/21/11
SDA Interest
ISDLAF Interest
Harris Bank CD due 5/19/11
62
WM Rainey Harper College Referendum Bonds
PMA Financial Network Inc.
Date of Issue
Portfolio & Rebate
Liability Report
03/07/01
Arbitrage Allowable Yield
4.703700%
Original Expense Budget
$95,219,599.00
Portfolio Return for Arbitrage Purposes
3.500737%
Last Updated:
12/31/11
Original Interest Income:
Updated by Analyst:
Greg Sotiros
Total Estimated Interest Income
Date
Bond Proceeds
Investment Cost
05/19/11
05/19/11
05/19/11
05/31/11
05/31/11
06/23/11
06/30/11
06/30/11
07/31/11
07/31/11
08/31/11
08/31/11
09/30/11
09/30/11
10/06/11
10/31/11
10/31/11
11/30/11
11/30/11
12/31/11
12/31/11
01/31/12
02/01/12
Inv ID
EXPENSES
Projected
Actual
$493,828.48
$900,000.00
$493,828.48
$920,280.71
$5,984,155.65
$91,980,527.57
$370,173,249.54
$226,318,434.38
11/30/11
$91,980,527.57
Current Projected Expenses
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
Today's Date
Original Bond Proceeds
$105,226,839.86
$8,086,568.63
$7,735,763.11
Current Interest Income Net of Rebate:
$13,246,312.29
$99,242,684.21
$356,926,312.20
Total Anticipated Interest Income:
Anticipated Arbitrage Rebate:
Total Anticipated Interest Income Net of Arbitrage Rebate:
$13,246,312.29
$0.00
$13,246,312.29
Total Outstanding Principal and Interest after January 17, '12:
$5,984,155.65
Mat ID
Coupons and Interest
157493
157494
157495
$130.69
$361.71
$289.72
$106.81
$117.03
$103.36
$126.88
$117.93
$123.13
$105.71
$175.73
$102.04
$89.38
$105.44
$59.27
$102.04
$53.10
$35.15
$54.87
$508.20
($6,483,755.44)
Weighted Average Life of Future Funded Expenses (Days)
Percent Spent
92.97%
92.97%
92.97%
92.97%
92.97%
93.44%
93.44%
93.44%
93.44%
93.44%
93.44%
93.44%
93.44%
93.44%
94.31%
94.31%
94.31%
94.31%
94.31%
94.31%
94.31%
100.00%
$26,493,249.63
4639323.04
Page 10 of 10
$0.00
Above Arb. Line/(Below Arb. Line)
$13,246,312.29
Original Interest Income Net of Rebate:
Cumulative
Investment Maturity
Expenses
$97,828,575.02
$100,000.00
$97,828,575.02
$249,100.00
$97,828,575.02
$249,400.00
$97,828,575.02
$97,828,575.02
$98,322,403.50
$98,322,403.50
$98,322,403.50
$98,322,403.50
$98,322,403.50
$98,322,403.50
$98,322,403.50
$98,322,403.50
$98,322,403.50
$99,242,684.21
$99,242,684.21
$99,242,684.21
$99,242,684.21
$99,242,684.21
$99,242,684.21
$99,242,684.21
$105,226,839.86
Anticipated Arbitrage Rebate
Balance
$6,897,027.34
$7,146,489.05
$7,396,178.77
$7,396,285.58
$7,396,402.61
$6,902,574.13
$6,902,677.49
$6,902,804.37
$6,902,922.30
$6,903,045.43
$6,903,151.14
$6,903,326.87
$6,903,428.91
$6,903,518.29
$5,983,237.58
$5,983,343.02
$5,983,402.29
$5,983,504.33
$5,983,557.43
$5,983,592.58
$5,983,647.45
($0.00)
Description
FDIC CD due 5/19/11
FDIC CD due 5/19/11
FDIC CD due 5/19/11
SDA Interest
ISDLAF Interest
Expenses
SDA Interest
ISDLAF Interest
SDA Interest
ISDLAF Interest
SDA Interest
ISDLAF Interest
ISDLAF Interest
SDA Interest
Expenses
SDA Interest
ISDLAF Interest
SDA Interest
ISDLAF Interest
SDA Interest
ISDLAF Interest
Final Expenses
62
Consent Agenda
Exhibit X-B.2
February 15, 2012
Subject: Board Committee and Liaison Reports
Description
Reports from liaison officers are provided as part of the Consent Agenda.
•
Foundation Report
•
ICCTA Report
•
Alumni Report
Information
To be provided by committee representative.
Rationale
Not applicable to this exhibit.
Funding Source
Not applicable to this exhibit.
Consent Agenda
Exhibit X-A.3
February 15, 2012
Subject: Grants and Gifts Status Report
Recommended by:
Cathy Brod
Community Relations/Foundation
Description
Monthly update of grants and gifts.
Information
The attachment reports the current status of operational public and private grants to the
College, and status of cash donations and in-kind gifts to the Educational Foundation.
Rationale
Not applicable to this exhibit.
Funding Source
Not applicable to this exhibit.
HARPER COLLEGE
GRANTS REPORT FY2012 – February 2012
JULY 1, 2011 - JUNE 30, 2012
Granting Agency
Title
Department
Grant Manager
Agency
Amount
Start
Date
End
Date
$33,000
7/1/2011
6/30/2012
n/a
7/1/2011
7/1/2016
Workforce ESL classes for
three employers
Eligibility Designation
Approval for Title III &V
programs and five-year nonfederal cost-share waiver
Description
COMPETITIVE GRANTS
Secretary of State/Illinois State Library
Literacy Office – SOS Grant
English for Suburban Workforce
Department of Education
Title III & Title V Eligibility
Designation and five-year Costshare waiver
HCB
IL Department of Commerce
&Economic Opportunity (DCEO)
Small Business Jobs Act
Campus-wide
Small
Business
Development
Center
IL Department of Commerce
&Economic Opportunity (DCEO)
Workforce Training
IL Small Business Grant
Dr. Scholl Foundation
Homeland Security
IL Green Economy Network (IGEN)
Sarah Michaels
State
Cathy Brod/
J. Marwick
Federal
Bonnie Richter/
Maria Coons
DCEO
$40,000
4/01/2011
9/30/2012
Promote the development of
small businesses; new job
opportunities
HCB
Maria Coons
DCEOETIP
$150,000
7/1/2011
1/31/2012
Reimburse business clients
for training costs
Small Business Development Center
HCB
Maria Coons
Federal/
State
$90,000
1/1/2011
12/31/2011
Nursing Scholarship Program
Nursing
Cathy Brod
Foundation
$5,000
12/1/2010
12/1/2011
Mike Alsup
Federal
$19,920/
5 yrs
Illinois Terrorism Task Force
IGEN Green Outreach Initiatives
Harper Police
Campus-wide
Tom Crylen
DCEO
$3,985
$5,000
9/13/2007
8/1/2011
Federal $45,000 and State
$45,000
$5,000 scholarship for
nursing students to be
allocated in $1,000
increments per year
9/13/12
Four Motorola radios for
crisis situations with
STARCOMM accessibility.
6/30/2012
To provide funding and
resources for IGEN activities,
courses, curriculum,
workshops and activities
related to campus
sustainability or green
community outreach.
IL Green Economy Network (IGEN)
COMPETITIVE GRANTS
TOTAL
BITE Codes Training Program
Construction
Industry
Training
Mark
Mrozinski
DCEO
$5,000
11/1/2011
6/30/2012
Start
Date
End
Date
6/28/10
**extended
from 6/30/11
to 12/31/11
IGEN has been contracted by
IECC, LLC to facilitate,
coordinate, and host BITE
Energy Codes trainings at IL
Community Colleges. IGEN
will work with IL community
colleges to administer
logistics for and host building
energy code training sessions
entitled, “2012 International
Energy Conservation Code
Applications for Illinois.”
Harper College will host two
(2) training workshops.
$ 331,985
AGENCY ALLOCATED GRANTS
Granting Agency
ICCB
Illinois Community College Board
ICCB
Illinois Community College Board
ICCB
Illinois Community College Board
Title
Department
Grant Manager
FY11 Student Success Grant
Campus Wide
Judy Marwick/
Joan Kindle
State
Perkins
Career
Programs
Sally Griffith
State
$427,047
7/1/11
6/30/12
Description
To provide resources to
improve successful
transition to postsecondary
education, retention and
student learning outcomes.
Spending extended to Dec.
2011, and $137,637 refelcts
carryover of original
$643,275 grant.
Supports career and
technical education
(*Received Additional
$49,133 over FY 11)
Maria Coons
State
$94,617
7/1/11
6/30/12
Incumbent Worker Training
Darice Trout
Federal/
State
Scott Friedman
Business & Industry Grant
ICCB
Illinois Community College Board
FY11 Adult Education & Family
Literacy Grant
IDHS*
Illinois Department of Human Services
ICCB
Illinois Community College Board
Disability Services - Deaf Program
Program Improvement Grant (PIG)Perkins
HCB
Academic
Enrichment &
Language
Studies
Access &
Disability
Services
Career
Programs
ICCB
Career and Technical Education
Career
Agency
Amount
$137,637
$508,710
$58,328
7/1/11
7/1/11
6/30/12
10/31/11
State
$116,672
11/1/11
6/30/12
Sally Griffith
State
$35,328
7/1/11
6/30/12
Supports Adult Education
Development Education
programs
Services to Deaf/HH
students. Grant split into
two funding contracts.
Funds to support program
improvements
Sally Griffith
State
$23,797
11/1/11
6/30/12
Funds to support
Illinois Community College Board
Innovations Grant
Programs
IEMA Illinois Emergency
Management Agency
Disaster Relief funds (snow
removal)
Physical Plant
Tom Crylen
Federal
AGENCY ALLOCATED GRANTS TOTAL
$43,804
innovations in Career and
Technical Education
Emergency funds provided
for excess costs of snow
removal Feb. 1 – 3, 2011
2/01/11
9/17/11
StartDate
EndDate
Description
6/30/2012
To support professional
development for WIA job
seekers
$1,445,940
SUBCONTRACTOR / PARTNER in GRANT
Granting Agency
Title
Department
Grant Manager
Agency
Amount
Northern Cook County Workforce
Board
Capstone Experience & WIA
Eligible Programs and Support
Harper
College for
Businesses
NSF
National Science Foundation, through
Dakota County Technical College
Midwest Regional Center for
Nanotechnology Education (NanoLink)
Career and
Technical
Programs
Sally Griffith
Federal
$40,000
10/1/08
9/30/2012
Department of Education
Foreign Language Assistance
Program (FLAP)
Liberal Arts
Sheila QuirkBailey/
Dennis Weeks
Federal
$16,500
9/1/2009
8/31/2014
SUBCONTRACTOR/PARTNER IN GRANTS TOTAL
* Pending State budget
Maria Coons
Federal
$160,000
$216,500
allocation
* Bold = New money awarded this month
FY11-12 Total All Grants:
as of February, 2012
$1,994,425
1/1/2012
For the development of
nanotechnology program
and partnership.
Partnership between Harper
College, township High
School District 214,
Arlington Heights District
#25, Michigan State
University Mandarin
Chinese Language Program
for $1.3 million.
Harper College Educational Foundation
Monthly Progress Report for Period 12-21-11 to 1-20-12
ANNUAL GIVING
Direct Mail Appeals
Pacesetters
Scholarship Stewardship
Golf Open 2012
Gala
Employee Campaign (RFE)
Tribute/Memorial
Annual Events
Affinity/Alumni
Unsolicited
Annual Giving Subtotal
GROSS INCOME
$13,775.00
$100.00
$900.00
$0.00
$0.00
$0.00
$0.00
$2,075.00
$0.00
$1,067.50
$17,917.50
MAJOR GIFTS
GROSS INCOME
Individual Gifts
Leadership Major Gifts
Pacesetters Major Gifts
Employee Major Gifts
Community/Alumni Major Gifts
In-Kind Major Gifts
Individual Major Gifts Sub-Total
$0.00
$0.00
$0.00
$0.00
$6,500.00
$6,500.00
Planned Gifts
Leadership Planned Gifts
Pacesetters Planned Gifts
Employee Planned Gifts
Community/Alumni Planned Gifts
Planned Gifts Sub-Total
$0.00
$0.00
$0.00
$0.00
$0.00
Corporate and Foundation Gifts
Community, Organizations &Assns
Corporate & Foundation Grants
In-Kind Gifts
Corp. & Found. Major Gifts Sub-Total
$20,000.00
$0.00
$0.00
$20,000.00
Major Gifts Sub-Total
$26,500.00
TOTAL
$44,417.50
Harper College Educational Foundation
FY 12 Year to Date Progress Report as of January 20, 2012
ANNUAL GIVING
Direct Mail Appeals
Pacesetters
Scholarship Stewardship
Golf Open 2012
Gala
Employee Campaign (RFE)
Tribute/Memorial
Annual Events
Affinity/Alumni
Unsolicited
Annual Gifts Sub-Total
GROSS GOAL
$10,000.00
$35,000.00
$60,000.00
$110,000.00
$65,000.00
$50,000.00
$40,000.00
$25,000.00
$8,000.00
$15,000.00
GROSS INCOME
$19,445.00
$27,725.00
$43,193.00
$0.00
$0.00
$34.00
$4,240.00
$11,450.00
$0.00
$2,171.50
% to GOAL
194%
79%
72%
0%
0%
0%
11%
46%
0%
14%
$418,000.00
$108,258.50
26%
MAJOR GIVING
GROSS GOAL
Individual Gifts
Leadership Major Gifts
Pacesetters Major Gifts
Employee Major Gifts
Community/Alumni Major Gifts
In-Kind Major Gifts
Individual Major Gifts Sub-Total
$50,000.00
$20,000.00
$150,000.00
$30,000.00
$250,000.00
GROSS INCOME
% to GOAL
$0.00
$23,000.00
$0.00
$43,000.00
$6,900.00
$72,900.00
46%
0%
0%
29%
23%
29%
50%
0%
0%
0%
18%
Planned Gifts
Leadership Planned Gifts
Pacesetters Planned Gifts
Employee Planned Gifts
Community/Alumni Planned Gifts
Planned Gifts Sub-Total
$25,000.00
$200,000.00
$275,000.00
$25,000.00
$25,000.00
$0.00
$0.00
$50,000.00
Corporate and Foundation Gifts
Community, Organizations & Assns
Corporate & Foundation Grants
In-Kind Gifts
Corp. & Found. Major Gifts Sub-Total
$50,000.00
$210,000.00
$72,000.00
$332,000.00
$20,000.00
$228,000.00
$14,750.00
$262,750.00
40%
109%
20%
79%
Major Gifts Sub-Total
$857,000.00
$385,650.00
45%
GROSS GOAL
$1,275,000.00
GROSS INCOME
$493,908.50
% to GOAL
39%
$225,000.00
-$155,181.00
-69%
$1,500,000.00
$338,727.50
23%
TOTAL GIVING
INTEREST EARNINGS*
TOTAL RAISED OR EARNED
Number of donors this year
Number of new donors
Number of gifts
*Interest Earnings as of 12/31/2011
$50,000.00
GOAL (10% increase)
827
262
CURRENT YEAR
TO DATE
239
52
299
% to GOAL
28.90%
19.85%
Consent Agenda
Exhibit X-B.4
February 15, 2012
Subject: Review of the Consortium, Cooperative and State of Illinois Contracts Purchasing
Status Report
Recommended by:
Bret Bonnstetter
Controller
Description
The monthly Consortium, Cooperative and State of Illinois Contract purchasing status report is
presented to the Board for review.
The Illinois Department of Central Management Services (CMS) mission is to free Illinois State
agencies and governmental entities to focus their resources on their core missions. Using a
Shared Services model, they work in partnership to reduce the total cost and improve the
efficiency and effectiveness of the administrative services and thus improve the services they
provide to the citizens of Illinois. CMS utilizes best practices to create, lead and manage
administrative services, to preserve the State’s human and concrete assets, and to establish
and monitor standards for the greater good of state government. CMS serves a key role in
ensuring that all State of Illinois agencies operate in the most efficient and cost effective manner
to best serve the residents of Illinois.
The Educational and Institutional Cooperative Service, Inc. (E&I) is a not-for-profit buying
cooperative that provides goods and services to its members at the best possible value. E&I is
owned by its membership of more than 1,500 tax-exempt colleges, universities, prep schools,
hospitals, medical research institutions, and hospital purchasing organizations located
throughout the United States.
The Illinois Public Higher Education Consortium (IPHEC) is the consortium formed by state
universities in Illinois to purchase goods and services used by all of the universities. As a
necessity arises, one of the universities works to poll the needs of the other members of the
consortium and then bids for the entire group. On April 13, 2004 the Illinois Board of Higher
Education (IBHE) adopted the recommendation of a Best Practices Committee to expand
participation in the IPHEC to include community colleges. As a result of this resolution, most of
the IPHEC contracts are now available for use by community colleges for purchase of the
various goods and services.
Information
Regular monthly review of Consortium, Cooperative and State of Illinois contract purchases.
Consent Agenda
Exhibit X-B.4
February 15, 2012
Rationale
Not applicable to this exhibit.
Funding Source
Funded through the FY 2012 budget.
Summary of Items Purchased from State Contracts, Consortiums, or Cooperatives
Dollar Amount of
Purchase
Source
Vendor
Purchase Date
Items Purchased
CMS
Grainger
December-2011
Maintenance, Repair and Operations Supplies
E&I
Heartland Business Systems
December-2011
Computer Peripheral Equipment
E&I
Claridge Products
December-2011
Wall Furnishings
$254.00
E&I
Jemrick Carpets, Inc.
December-2011
Carpet and Labor
$5,186.00
E&I
VWR International Inc.
December-2011
Biology & Chemistry Instructional Supplies
IPHEC
CDW-G
December-2011
Computer Peripheral Equipment
IPHEC
Fisher Scientific
December-2011
Biology & Chemistry Instructional Supplies
$3,762.89
IPHEC
KI
December-2011
Office Furniture
$15,071.18
IPHEC
Office Concepts
December-2011
Office Furniture
$967.72
Total
$96.95
$6,260.00
$924.05
$739,784.18
$772,306.97
Consent Agenda
Exhibit X-B.5
February 15, 2012
Subject: Faculty Tenure Status Report (2nd Year, Fall Hires)
Recommended by:
Dr. Judith Marwick
Provost
Description
Since 1980, resulting from a change in the Community College Act, Board of Trustee action is
required only for the denial of continued employment as part of the tenure process. The
administration informs the Board of the tenure status of all probationary faculty after review by the
Faculty Tenure Committee and the administrative staff.
Information
Following are the names of faculty who are currently non-tenured. They will be eligible for
tenure at Harper College beginning in the fall of 2013.
This is a summary of tenure status as of spring, 2012.
First Year Employed
Fall 2010
Gary Anderson
Kevin Cole
Steven Crow
Monica Edwards
Robin James
David Lavan
Mary (Judi) Nitsch
Paul Peterson
Linda Smith
Valerie Walker
Management
Physical Science
Diagnostic Medical Sonography
Sociology
Management
Engineering
English
Department of Academic Success
Department of Academic Success
Human Services
Rationale
The Board of Trustees is informed about the progress of probationary faculty toward achieving
tenure.
Funding Source
Funding for these positions is available through the appropriate divisional budget.
Regular Board Meeting Agenda
February 15, 2012
XI. New Business
A. Proposed Tuition Increase
B. Sabbatical Leave Approval
C. Faculty Tenure Recommendation (3rd Year,
Fall Hire)
D. Resolution Authorizing Extension of
Probation of Non-Tenured Faculty Member
E.
Dismissal Resolution, Non-tenured faculty –
Career Programs Division
New Business
Exhibit XI-A
February 15, 2012
Subject: Proposed Tuition Increase
Recommended by:
Bret Bonnstetter, Controller
Accounting Services
Description
A recommendation is being made to increase the In-District, Out-of-District, Out-of-State, and
International tuition rates by $4 per credit hour. The following table reflects the current year and
proposed rates.
Residency
Status
In-District
Out-of-District
Out-of-State
International
Tuition Only
Actual
Proposed
FY 2012 FY 2013
$102.50 $106.50
$359.50 $363.50
$435.00 $439.00
$435.00 $439.00
Net
Change
$4.00
$4.00
$4.00
$4.00
Actual
FY 2012
$118.50
$375.50
$451.00
$451.00
Tuition and Fees
Proposed
Net
FY 2013 Change
$122.50
$4.00
$379.50
$4.00
$455.00
$4.00
$455.00
$4.00
All of these changes will be effective summer 2012.
Information
Recent years have seen declines in both state appropriations and property taxes through PTAB
appeals. At the same time, costs related to repairing and updating aging buildings on campus
have put additional pressures on the budget. It is necessary for tuition to be increased to
compensate for these revenue losses and cost increases.
Rationale
The Board is to establish credit tuition per section 05.05.00 of the Board Policy Manual and as
permitted by the Public Community College Act.
Funding Source
Not applicable to this exhibit.
New Business
Exhibit XI-B
February 15, 2012
Subject: Sabbatical Leave Approval
Recommended by:
Kenneth L. Ender, Ph.D.
President
Description
Approval of a sabbatical leave for a full-time faculty member, for the Spring 2013 semester.
Sabbatical leave applications are reviewed annually by the Sabbatical Leave Committee, the
appropriate Dean, Provost, and President.
Information
It is the recommendation of the President that the following faculty member be granted a
sabbatical leave for the requested time period:
Faculty Member: Seema Kurup – English – Hire Date: 8/15/00
Semester or Academic Year Requested: Spring semester, 2013
Sabbatical Description: (excerpt from application)
I have been contracted to write for The University of South Carolina Press. In May 2011, my
proposal for a critical text on the Native American writer Louise Erdrich was accepted by The
USC Press Committee, a committee comprised of administrators, faculty, and editors from USC.
My book, Understanding Louise Erdrich, will be part of the critical series Understanding
Contemporary American Literature, edited by Linda Wagner-Martin, a world-renowned scholar
and critic from The University of North Carolina—Chapel Hill. The series itself is carried by
college and university libraries across the country and is regularly included in the curriculum of
American Literature courses nationwide. The opportunity for me to contribute this volume is an
amazing privilege and honor, both professionally and personally.
Value of Sabbatical Leave to the College: (excerpt from application)
As a member of the English Department and the Harper Community, I plan on creating
opportunities for our own colleagues and students to experience Erdrich’s writing first hand. My
project will benefit our students, the English Department, the Division, and the Institution in the
following ways:
1. Many of my colleagues already include Erdrich in their curricula. Through guest lectures,
I will provide access to my project to my English department.
2. I envision presenting my work as part of the Liberal Arts Lecture Series, which would be
open to the entire Harper community.
New Business
Exhibit XI-B
February 15, 2012
3. The DREAM Association, a faculty mentoring group, would also be interested in a
lecture on Erdrich as a professional development opportunity, as she is a minority
woman writer.
4. I will also propose to the appropriate committee that one of Erdrich’s books be featured
as a future “One Book, One Harper” selection, as it will certainly fulfill the mission of
inclusion we strive for at Harper.
5. As a member of the Cultural Arts Committee, my most exciting prospect is to bring
Louise Erdrich on campus during Women’s History Month. I have already proposed to
the committee a Midwest Women Writers’ series, with Louise Erdrich as the inaugural
speaker and have received a positive response.
Funding Source
Seema Kurup
Semester of Leave
Spring 2013
50% of Salary
$38,746*
Hire date: 8/15/00
*In addition to this cost, the College will hire part-time faculty at the cost of
approximately $12,108 to teach in the absence of the faculty member on leave.
New Business
Exhibit XI-C
February 15, 2012
Subject: Faculty Tenure Recommendation (3rd Year, Fall Hires)
Recommended by: Kenneth L. Ender, Ph.D., President
Description
Since 1980, resulting from a change in the Community College Act, Board of Trustee action is
required only for the denial of tenure. The administration informs the Board of the tenure status of
all probationary faculty after review by the Faculty Tenure Committee, the Dean, Provost and
President.
Information
Following are the names of faculty who are recommended for tenure starting fall semester, 2012:
First Year Employed
Fall 2009
Karega Cooper
Tonya Dixon
Kathleen Fischer
Angela Mannina
Tara Mathien
Pardess Mitchell
Kimberley Polly
Jane Suarez del Real
Kelly Taylor
Math
Nursing
Nursing
Dental Hygiene
Early Childhood Education
Physical Education
Math
Adult Educational Development
Graphic Arts
Rationale
The Board of Trustees is informed about the progress of probationary faculty toward achieving
tenure.
Funding Source
Funding for these positions is available through the appropriate divisional budget.
New Business
Exhibit XI-D
February 15, 2012
Subject: Resolution Authorizing Extension of Probation of Non-Tenured Faculty Member
Recommended by:
Kenneth L. Ender, Ph.D., President
Description
Adoption of a resolution authorizing extension of probation for one year to a non-tenured faculty
member.
Information
Chapter 110 805/3B-2 of the Illinois Compiled Statues provides that the Board of Trustees may
extend the probationary period of a non-tenured faculty member for one additional year by
giving the faculty member notice not later than sixty days before the end of the term in which
tenure would otherwise be conferred.
Rationale
After review of tenure track progress for non-tenured faculty member, it was determined that an
additional year probation would be advisable.
Funding Source
Not applicable to this exhibit.
New Business
Exhibit XI-E
February 15, 2012
SUBJECT: Dismissal Resolution, Non-tenured faculty – Career Programs Division
Recommended by:
Kenneth L. Ender, Ph.D.
President
Description
Article III.M.1 of the Collective Bargaining Agreement and State statute establish terms of
employment related to probationary appointments of full-time faculty. The resolution and notice are
necessary to comply with contractual and statutory requirements. This resolution pertains to the
dismissal of a non-tenured faculty member.
Information
The administration recommends approval of the attached dismissal resolution and authorization for
the issuance of the notice of dismissal.
Rationale
After review of tenure track progress for non-tenured faculty, which includes performance
reviews by the Dean and peer review by faculty, it was determined that this faculty member
should not be granted tenure.
Funding Source
Not applicable to this exhibit.
Regular Board Meeting Agenda
February 15, 2012
XII.
*
*
*
March 14
March 21
April 11
April 18
May 9
May 16
May 20
Announcements by Chair
A.
Communications
B.
Calendar Dates
5:00 p.m.
6:00 p.m.
5:00 p.m.
6:00 p.m.
5:00 p.m.
6:00 p.m.
2:00 p.m.
( * indicates Board attendance required )
Committee of the Whole Meeting
Regular Board Meeting
Committee of the Whole Meeting
Regular Board Meeting
Committee of the Whole Meeting
Regular Board Meeting
2012 Commencement Ceremony
W216
NEC
W216
W214
W216
W214
Harper
Regular Board Meeting Agenda
February 15, 2012
XIII.
Other Business
(including closed session, if necessary)
XIV.
Adjournment